Milei wants to replace the peso with the dollar, and says that Argentina’s Central Bank should be abolished, and that he thinks that climate change is a lie. He has characterized sex education as a ploy to destroy the family, and has said that he believes that the sale of human organs should be legal.
The Argentine peso plunged Monday after a 52-year—old anti-establishment candidate who admires former President Donald Trump came first in primary elections that will help determine the country’s next president.
Javier Milei rocked Argentina’s political establishment Sunday by receiving the biggest share of primary votes for presidential candidates in the October general election to determine who leads a nation battered by economic woes.
Milei wants to replace the peso with the dollar, and says that Argentina’s Central Bank should be abolished, and that he thinks that climate change is a lie. He has characterized sex education as a ploy to destroy the family, and has said that he believes that the sale of human organs should be legal. He also has said that it should be easier for Argentines to own handguns.
Argentina’s government decided to devalue the local currency by 20% early Monday morning after the surprising showing that turned Argentina into the latest country where voters have chosen an outsider candidate to express anger against the status quo. Two mainstream political coalitions have traded power for a decade in Argentina.
Operators were watching nervously Monday as the value of the peso also decreased in the parallel, or blue, market, dropping 12% by early afternoon.
Argentina requires that citizens vote, and 69 percent of the country’s 35 million voters went to the polls, each choosing candates for positions ranging from local councilman to president.
