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The hyperinflationary economic collapse brought about in Argentina since late 2023, by newly-elected far-right President Javier Milei - mainly by way of shock devaluation, price deregulation, and the defunding of subsidies (all by decree). The stated goal is to force Argentina's dollarization - but Milei himself appears ignorant of the fact that he'd have to cover 45 trillion pesos (between deposits and cash), making the goal unreachable without pulverizing the country's economy.
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