Author of 'The Bitcoin Standard' Labels Argentine Milei Administration's Economic Policy as a 'Ponzi Scheme'

Economist and author of 'The Bitcoin Standard', Saifedean Ammous, has sharply criticized the economic policies of Argentina's Milei administration, calling them a 'national-scale Ponzi scheme' and warning that the country's financial system is on the brink of collapse.

In a post on August 20th, Ammous condemned President Javier Milei's stabilization policies, which have been praised as 'economic miracles', as a sophisticated fiat currency fraud involving debt and inflation manipulation, predicting their imminent end.

In a follow-up post on September 9th, Ammous highlighted that despite the administration's intervention in the foreign exchange market amounting to $540 million, the Argentine...