Argentina's Milei Borrows Warren Buffett's Idea To Punish Deficit-Spending Politicians

Argentina's Milei Borrows Warren Buffett's Idea To Punish Deficit-Spending Politicians More than two years after campaigning to "blow up" Argentina's central bank, President Javier Milei has announced his "Fiscal Shackle" bill - a permanent rule aimed at preventing Argentina from approving or maintaining budgets with fiscal deficits that could have consequences for politicians. On Thursday, in a speech recorded at the Casa Rosada and broadcast nationwide, Milei proposed an overh...

By Tyler Durden