Javier Milei spoke at the Buenos Aires Stock Exchange: “We are laying the foundations for 100 years of liberalism”

Javier Milei spoke at the Buenos Aires Stock Exchange: “We are laying the foundations for 100 years of liberalism”
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Argentina

The president will lead the event for the 172nd anniversary of the Buenos Aires Stock Exchange, on a day focused on financial education and the development of the capital market

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President Javier Milei participates this Thursday in the event for the 172nd anniversary of the Buenos Aires Stock Exchange, where he delivers a speech before businessmen, investors, officials, and capital market leaders. The ceremony focuses on financial education and the development of the stock market.

The first to speak was Adelmo Gabbi, president of the Stock Exchange, who expressed his confidence in the country's future and reaffirmed his support for the economic direction promoted by Milei. “Argentina is once again on the growth radar, they are looking at us from abroad. And in football, don’t even mention it,” Gabbi stated, referring to the Argentine national team's qualification for the final of the 2026 World Cup.

Javier Milei at his entrance to the Stock Exchange
Javier Milei at his entrance to the Stock Exchange

After Gabbi's remarks, Milei began his speech with a defense of property rights and highlighted their importance for recovering savings and investment. "It is not redundant that we are sending a law to Congress to declare the inviolability of property rights. Property rights are what will allow us to save, invest, and become a power again,” the President asserted.

From that premise, the President focused the core of his presentation on economic growth, as he had anticipated in the opening after Gabbi highlighted the historic opportunity that Argentina is experiencing under the liberal management of the Argentine state.

Milei pointed out that one of the foundations of the economic growth projected by his administration lies in the policies promoted by the Ministry of Human Capital. “For the first time in Argentina's history, social assistance has stopped being about giving people fish and is now about teaching them to fish,” he stated.

During his presentation, Javier was interrupted by a shout from the audience while explaining the relationship between savings, fiscal balance, and growth. “If you have a society that squanders money, that does not save, no matter how much income it generates, it will not be able to grow. If you have a populist government that generates a 15-point fiscal deficit, you will crash,” he asserted.

“Like now,” shouted a spectator. “No, not like now, before. We got out of that, we made the adjustment because the populists left the bomb,” the President replied. In response to another shout of “finish it,” Milei retorted: “Yes, I will finish this term, I will be reelected, and I will have four more years. I have some additional bad news for you: we are laying the foundations for 100 years of liberalism.”

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Referring to the potential of artificial intelligence, the record achieved by the knowledge economy, and the opportunities offered by mining, Milei assured that Argentina has the necessary conditions to once again occupy a central place in the world. “Come on, if we are not great again, it is because we do not want to and/or we are fools,” the President stated.

The leader defended innovation and questioned sectors that seek to halt technological advances to avoid competition. “We must lose the fear of technological progress. All that Luddite lobbying is related to a group of corrupt individuals who do not want to compete. That has ended in Argentina. We have all the conditions to be great again; all we need is to revive our spirit,” he declared before closing his speech.



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