Greetings from Argentina you freedom-loving Nostriches.
Austrian economist and self-identifying crypto anarchist President Javier Milei will be submitting to Congress a law that will effectively make monetary emission a crime. The BCRA (Banco Central de la República de Argentina) is effectively being legally neutered. Maybe this is how the elimination of the central bank plays out, allowing it to wither on the vine, a death by a thousand cuts.
As much as we would all like to see him nuke the bastards, perhaps this is a legal and political roadmap for other countries to follow. The reality of the situation is that elected officials who adhere to free market economics and libertarian values have to still play within existing political constructs.
I, for one, am looking forward to the post mortem of the BCRA; we're still hurtling towards its elimination, it's just not how I had envisioned it. Much more to come.
runningbitcorn / RunningBitcorn
npub19a…cxn5t
2024-02-25 22:00:23
Author Public Key
npub19ahgq780mhas2kxrx9q4s9gtxe5pfpch0g666ypjrxxme3nzhlzsfcxn5tPublished at
2024-02-25 22:00:23Event JSON
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"content": "Greetings from Argentina you freedom-loving Nostriches. \n\nAustrian economist and self-identifying crypto anarchist President Javier Milei will be submitting to Congress a law that will effectively make monetary emission a crime. The BCRA (Banco Central de la República de Argentina) is effectively being legally neutered. Maybe this is how the elimination of the central bank plays out, allowing it to wither on the vine, a death by a thousand cuts. \n\nAs much as we would all like to see him nuke the bastards, perhaps this is a legal and political roadmap for other countries to follow. The reality of the situation is that elected officials who adhere to free market economics and libertarian values have to still play within existing political constructs. \n\nI, for one, am looking forward to the post mortem of the BCRA; we're still hurtling towards its elimination, it's just not how I had envisioned it. Much more to come. ",
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