Javier Milei

And we can exemplify this with Argentina.

We had inflation increasing 1% a day, so we were headed to 17,000%.

We halted fiscal deficit, which was 5% of GDP in the treasury.

We halted that in the first month.

It would have seemed impossible.

But it was not impossible for the world's best economy minister, Toto Caputo, and the best minister we've ever had in our history.

In only six months' time, we fixed the quasi-fiscal deficit, and we also stopped the money amount of the...

printing money.

Now we are looking at 24, 25, depending on whether you take the wholesale rates.

So everyone was predicting a hyper recession.

But Argentina reached a floor in April and then started to grow strongly.

The latest figures show the economy growing at 4.2%.

We have lifted 30% of the population out of poverty.

15 million people have been lifted out of poverty.

That the free market works, that free market capitalism works because those are the fundamentals I referred to yesterday in my Davos address.

Free enterprise capitalism is not only just and efficient, but it also lets the economy grow more.

When you design policies on the basis of ethical and moral values, the Western values, you thrive and you also enjoy social consensus because you're doing what is just, what is fair.

One of the things is that you can't possibly kill justice or the auto-efficiency, whether it be Pareto efficiency

or the efficiency of Machiavelli's political calculus.

This is why I said yesterday that Machiavelli is dead and we need to bury him because what we are proving