Lex Fridman Podcast
#453 – Javier Milei: President of Argentina – Freedom, Economics, and Corruption
Javier Milei
But not only that, by eliminating inflation, you remove the inflationary tax, but the real burden is the fiscal deficit, which was 15 points of the GDP. Okay, we temporarily raised the country tax. Now we lower it, but we return that to the Argentinians. We gave back 15 points of the GDP. Not only that, but also when you eliminate inflation, you remove the distortion of relative prices.
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