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John Micklethwait

๐Ÿ‘ค Speaker
65 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Talks
Argentina President Javier Milei Talks Free Trade and Global Economy

As you know, you are a free marketeer.

Bloomberg Talks
Argentina President Javier Milei Talks Free Trade and Global Economy

You believe in free currencies.

Bloomberg Talks
Argentina President Javier Milei Talks Free Trade and Global Economy

And the question is, when will you let the peso go free?

Bloomberg Talks
Argentina President Javier Milei Talks Free Trade and Global Economy

And just to be really clear, the peso going clear, going free, you have broadened the band, but a free currency, you know as well as I do, means without any controls or FX bands.

Bloomberg Talks
Argentina President Javier Milei Talks Free Trade and Global Economy

When is that going to happen?

Bloomberg Talks
Argentina President Javier Milei Talks Free Trade and Global Economy

So that's the role of bands, to limit the volatility.

Bloomberg Talks
Argentina President Javier Milei Talks Free Trade and Global Economy

But when do you think this year you will be able to say you have learnt, you have discovered what that freedom is like, now try it properly and float, let's float the peso?

Bloomberg Talks
Argentina President Javier Milei Talks Free Trade and Global Economy

What is the timing?

Bloomberg Talks
Argentina President Javier Milei Talks Free Trade and Global Economy

The other big test, and it's a fairly simple question, is the international loan markets.

Bloomberg Talks
Argentina President Javier Milei Talks Free Trade and Global Economy

You have raised money at home

Bloomberg Talks
Argentina President Javier Milei Talks Free Trade and Global Economy

domestically, but as you know very well, your predecessor defaulted on the foreign bonds.

Bloomberg Talks
Argentina President Javier Milei Talks Free Trade and Global Economy

The question is very specific.

Bloomberg Talks
Argentina President Javier Milei Talks Free Trade and Global Economy

When will you go and raise money in New York or outside Argentina?

Bloomberg Talks
Argentina President Javier Milei Talks Free Trade and Global Economy

Last year, you famously got a $20 billion swap line from the US, a big success.

Bloomberg Talks
Argentina President Javier Milei Talks Free Trade and Global Economy

When you got it, Scott Besant, the Treasury Secretary, said that you had committed...

Bloomberg Talks
Argentina President Javier Milei Talks Free Trade and Global Economy

as he put it, to getting China out of Argentina.

Bloomberg Talks
Argentina President Javier Milei Talks Free Trade and Global Economy

And you have always been very critical of China, but as you know, China still has a space station in Argentina.

Bloomberg Talks
Argentina President Javier Milei Talks Free Trade and Global Economy

You still have a swap line with China.

Bloomberg Talks
Argentina President Javier Milei Talks Free Trade and Global Economy

What does getting China out of Argentina mean to you?

Bloomberg Talks
Argentina President Javier Milei Talks Free Trade and Global Economy

China doesn't have a space station in the United States, the last time I checked.