![]() ![]() JP Morgan analysts noted that he did not use the word “dollarization” during a speech Sunday. He may now try to gain support from centrists by moderating his stance on the economy. The two candidates are set to compete in a run-off vote next month. Milei, a former financial analyst, came second in the first round of the election on Sunday behind Sergio Massa, Argentina’s incumbent left-wing economy minister. It’s a step other countries have taken, just none the size of Argentina. Javier Milei, a far-right libertarian presidential candidate, has made “dollarizing” Argentina a signature proposal of his campaign, hailing it as a cure for the country’s hyperinflation problem. ![]() A chainsaw-wielding, self-professed “anarcho-capitalist” is now one step closer to overhauling Argentina’s beleagured economy - by throwing out the nation’s peso currency and adopting the US dollar as legal tender.
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