Javier Milei, president of Argentina, allows local provincial currencies, challenging the established monetary system and encouraging autonomy.
Ricardo Quintela proposes a currency for La Rioja, generating tensions with Milei and marking a radical change in monetary policy.
Since Javier Milei assumed the presidency of Argentina in December 2023, he has marked a clear position regarding the initiative of provincial governments to implement their own currencies. This position was evidenced in the midst of a public confrontation between Milei and Ricardo Quintela, Governor of La Rioja.
In an interview with Radio Mitre on January 14, Milei expressed his willingness not to legally oppose the establishment of local currencies by Argentina’s provincial governments.
Accordingto the political leader, the market will be in charge of establishing the value of these proposals. Despite this, Milei highlights the possible negative consequences of “alternative currencies”, indicating that they

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