It’s one positive development after the other: economic improvements in a country’s economy are not magic, but rather the result of serious, unrelenting work. It was just a couple of days ago when President Javier Milei told Argentines in a televised address the good and rare news: his government is successfully taming reckless public spending, which resulted in a rare – and welcome – first quarter budget surplus. Now, a mere four months into office, Argentine President Javier Milei has also pulled off another critical - almost miraculous - feat in an economy plagued by systemic inflation: he stabilized the peso.
