Buenos Aires, Argentina – President Javier Milei has published a comprehensive statement on his social media platforms, providing a detailed economic defense of his position that recent fluctuations in the dollar’s value will not have an inflationary impact. This lengthy post served as a theoretical complement to a recent speech he delivered to the nation, in which he had previously outlined his government’s fiscal and monetary policies.

In his post, President Milei meticulously argued that the ultimate and sole cause of inflation is monetary policy. He challenged conventional wisdom by stating that while a rising dollar might seem like a trigger for price increases, the real issue lies in the underlying monetary expansion. He also took the opportunity to criticize a number of analysts, whom he claimed have been consistently wrong in their economic forecasts, not only under his administration but also in the years leading up to it.

To bolster his arguments, the President cited a range of economic theorists, reinforcing his commitment to the principles of a free market and sound money. His message underscores a core belief that a disciplined monetary approach is the only sustainable way to combat inflation and that external factors like currency fluctuations are merely symptoms, not the cause. The post is a clear signal of the government’s steadfast adherence to its economic doctrine, regardless of short-term market movements.