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While Elon Musk Praises Javier Milei's Policies, This Argentine Province Launches Its Own Currency After President's Economic Shock Therapy Took Its Toll And Sunk Local Economy Into A Deep Recession
Tuesday, September 3, 2024 - 9:50am | 591La Rioja, an Argentine province, has introduced its own quasi-currency, the Debt Cancellation Bond (BOCADE), or “chachos.” This move is a reaction to the economic crisis sparked by President Javier Milei’s austerity measures. What Happened: La Rioja’s “chachos”...