
Euros & Dollars: Milei’s Peso Plunge Explained
The drastic devaluation of the peso marks the beginning of President Milei’s crusade against inflation in Argentina. But he needs more than that to succeed.

The drastic devaluation of the peso marks the beginning of President Milei’s crusade against inflation in Argentina. But he needs more than that to succeed.

His policies include radically shrinking the size of the government and replacing the peso with the U.S. dollar.

In a well-written article, the Wall Street Journal predicts the U.S. is headed for a recession. Here’s why they are wrong.

The doom-and-gloom pundits are wrong. The U.S. economy is in good shape, but there are three dark clouds lurking on the horizon.

A year from the 2024 election, commentators battle each other over the state of the U.S. economy. We go beyond the punditry. We have the facts.

Europe will be facing a recession. The question is whether or not rising unemployment will come with higher or lower inflation rates—and monetary conservatism or monetary expansion.

It is time for Europe’s lawmakers to act to save their economy from a long, cold, tough winter.

The twin villains of high inflation and high unemployment have not left Europe. They are just taking a nap under a pile of moderately optimistic economic data.

The fine print shows hesitation even in Brussels on the stringent standards.

Biden’s immigration policy and his bad fiscal management could create a depression worse than the 1930s.