The establishment gave @JMilei months. In 2023, 170 Argentine economists signed a letter calling his dollarization plan an illusion, and Ian Bremmer wrote that he expected the economy to collapse in short order—typical Keynesian bullshit, always exactly wrong. Then monthly inflation fell from 25% in December to nearly 10% by March, and after fifteen straight years of deficits, Argentina ran a primary surplus of 1.4% of GDP in 2025. His party more than doubled its congressional seats in the midterms. The scoreboard has red ink too. Poverty fell to an eight-year low of 28% in late 2025, then jumped to 32.3% in the first half of 2026. Inflation ran at 33.4% a year, the second-highest in Latin America behind Venezuela, and the IMF cut its 2026 growth forecast from 3.5% to 2.1%. @saifedean Ammous says the central bank explains the red ink. Milei campaigned on closing it and treated that as an absolute condition, then kept it. Ammous argues that a central bank monopoly on currency and banking licenses guarantees continued peso inflation, and that Ecuador, without its own national currency, cannot inflate even if it wants to. He says Hoppe was right: Milei should have shut the bank and defaulted. Milei replies that the bank's debts and liabilities need to be cleaned up before it closes, and his proposed charter reform bans the bank from financing the Treasury. The scorecard splits along the line Ammous draws. Milei cut the deficit and the apocalypse never came. He left the state's money monopoly standing, so the state still decides how many pesos exist. But hey, Libertarians can cheer the first half and demand the second. All eyes are on Javi to see how this plays out.