September 14, 2023
Tucker Carlson goes to Argentina — and shows us what it's like to live in a country where the government can't stop printing money
By
Monica Showalter
Argentina is a developed country, with an educated population, a huge middle class, and tremendous natural resources.
But when you look at it closely...you learn quickly why its nationals want to flee, and why anti-establishment "anarcho-capitalist" Javier Milei is leading in the polls and likely to win Argentina's presidency come October.
The problem is inflation —
165% inflation as of July, according to Steve Hanke's inflation index, which is the most accurate reading.
Tucker Carlson went down to Buenos Aires to find out exactly what that is like, exploring in a mere ten minutes on Twitter just how normal people have to live with it on an extended basis, all because its socialist government can't stop printing money.
It's a doozy. See it here.
It's powerful stuff because it describes how people lives with this nightmare, and he talks to the best of the best Argentinian experts who live in the country, such as economist and professor Diana Mondino. A prominent economist in the States once told me she was known as "the woman who knows everything."
It's also fearsomely accurate — it describes the Argentina I saw during its post-2001 devaluation period, with people losing their life savings to inflation, people unable to get their money out of banks, people bitterly banging on pots and pans in protest, people desperately trying to get hold of black market dollars just to have currency that is worth something tomorrow, and stuffing those dollars under their mattresses. Tucker's segment told me that absolutely nothing has changed in that country, except that it's getting worse, and the people are ready to rise up to put a stop to the nightmare.