Argentina experienced huge inflation for a very long time. Their new president, a year ago, slashed the size of government and removed tons of regulations. In fact, he removed government mandated rent price controls – and rental prices went down.
As of January 2025:
- IMF projects strong economic growth for Milei’s Argentina in 2025 | Buenos Aires Times
- Javier Milei’s shock therapy for Argentina gets huge endorsement | Fortune
- Milei’s Argentina seals budget surplus for first time in 14 years | Reuters
Historically, the economy was a mess in Argentina:

President Milei has been in touch with President Trump – and it seems Trump’s actions in the U.S. may be influenced by Milei’s success and perhaps may have similar outcomes in the U.S.