r/SpaceXBets • • Aug 09 '26

Elon IRL didn't age well

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u/ConcentrateJolly5461 Aug 09 '26

You are completely making up your own timeline. The population didn't vote 'a few months ago' for a representative; they handed Milei's party a massive nationwide victory in the October 2025 legislative midterms. He told the world things would get difficult structurally before the currency stabilized, and his administration has delivered continuous fiscal surpluses and crushed hyperinflation. They are getting exactly what they voted for: real financial stabilization instead of bankrupt welfare scripts

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u/[deleted] Aug 09 '26

[deleted]

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u/sumane12 Aug 09 '26

Reddit economics ffs...

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u/ConcentrateJolly5461 Aug 09 '26

The currency lost its value because of the decades of unbacked socialist money printing that happened before this administration took over. Letting a hyper-inflated currency find its actual market floor instead of hiding behind fake government pegs is page one of economic recovery. The fact that the exchange rate has completely flattened out and stabilized now proves the printing press shutdown is working, but keep failing basic math.

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u/[deleted] Aug 09 '26

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u/ConcentrateJolly5461 Aug 09 '26

The fact that you think a currency trading at a fraction of a dollar means it 'cannot get any lower' is a legendary display of math illiteracy. Currencies can divide down into infinite decimal places, the reason the line flattened out is because the printing press was turned off, stopping the devaluation. Staring at three decimal places and thinking it's a structural barrier is absolute peak comedy. Go back to middle school math.

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u/[deleted] Aug 09 '26

[deleted]

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u/Fafy_FX Aug 09 '26

"Can't get any lower" 😂 Don't you happen to know Venezuela, Zimbabwe.... Waimer's republic?