Milei explains the law of the market and unmasks leftist entrepreneurs

The President, with the clarity of an economist and the fury of a libertarian lion, explains how value is determined by demand, not costs, and tells those who want to rob the people to go to hell. Could this be the end of the era of inflated prices and corporate corruption?

Javier Milei, the president who came to shake things up, doesn't beat around the bush. In his recent interview, he made it clear that he won't allow speculators to take advantage of the lifting of the currency exchange restrictions. "They can shove the products up their ass!" he exclaimed, making it clear that the market won't allow abuses.

To understand the forcefulness of his words, it is necessary to understand the principle of imputation by Carl Menger, the Austrian economist who revolutionized the theory of value. Menger demonstrated that the value of a good is not determined by production costs, as the classics believed, but by the utility that consumers assign to it.

In simple terms, value is subjective. A bottle of water in the desert, where thirst looms, is worth much more than the same bottle in a supermarket. Why? Because the utility, the need, is different.

Milei, with his usual didactic approach, explained: "If a businessman wants to sell a kilo of bread for a thousand pesos, let him do it. But he shouldn't complain if no one buys it. The consumer isn't stupid. He knows how much everything is worth".

The President exposed the "leftist businessmen", those who intend to inflate prices to maintain their profits at the expense of the people. "The party's over", he declared. "The market will put everyone in their place. Consumers will punish the speculators".

The lifting of the currency exchange restrictions, a historic measure, caused fear in some sectors. Milei, however, remains confident. "The market is wise", he repeats. "It will regulate prices. Those who want to steal will be left holding the goods".

The President not only talks about economics but also defends morality. "We won't allow a few to get rich at the expense of the sacrifice of millions of Argentinians", he stated. "We will cleanse Argentina of parasites".

Milei's words resonated strongly in society. His followers celebrate his courage and clarity. His detractors, as always, call him "crazy". But the President doesn't care. "Let them bark", he responds. "The dogs bark, Sancho, a sign that we are riding".

Ultimately, Milei is willing to defend the free market tooth and nail. And his main weapon is the truth, the truth that Carl Menger discovered more than a century ago: value is determined by demand, and the market, that relentless judge, puts everyone in their place.