Milei’s Keynesian U-Turn | Argentina News

Argentina News Today | 2 Min News | The Daily News Now! · Sep 1, 2026 · 1m

Argentina’s government is making bold economic moves—letting all companies borrow dollars, proposing a million-peso minimum wage, and using pension funds to slash mortgage rates—despite President Milei’s past disdain for Keynesian economics. These steps signal a surprising pivot toward demand-stimulating policies, but economists warn they may not be enough to revive sluggish consumption or investment. While the initiatives aim to spark growth without abandoning fiscal austerity, their real impact could be limited: few will benefit from mortgages, dollar loans won’t fix weak domestic demand…