The Americas | The chainsaw and the blender

After 100 brutal days, Javier Milei has markets believing

Argentines have not given up on him either 

An animated Javier Milei speaks to supporters.
Photograph: Getty Images

“We are genuinely very satisfied,” declared President Javier Milei of Argentina on local radio, after inflation in February fell by more than expected, to 13%. That, however, is the monthly figure. Over the past year it has amounted to 276%—the highest in the world. Inflation of just 8% annually has rattled politics in richer countries. That Mr Milei had cause to celebrate 13% monthly inflation shows the scale of the economic mess he inherited, and how much he has left to do to fix it.

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This article appeared in the The Americas section of the print edition under the headline “The chainsaw and the blender”

From the March 23rd 2024 edition

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Close up of  Javier Milei.

Entrevista con Javier Milei, presidente de Argentina

Transcripción de su encuentro con nuestro corresponsal

Javier Milei speaks into a microphone.

An interview with Javier Milei, Argentina’s president

A transcript of his meeting with our journalist


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