Hot take: nothing will materialize, and it's just another fake threat against the actual caste while the average Argentine slips further in to poverty. This would require Milei to actually do something, and, as many of us said pre-election, he's more interested in being a president on Twitter than issuing DNUs to help people or compromising in Congress to get laws passed when he lacks a majority.
I personally love Argentine kabuki economics; consumption collapses and retailers simply choose to sit on stock rather than recover their original spend. Maybe they can write off losses? A 2L of Coke Zero now costs $2.53 @ Dia, same price as Walmart in California. While this is one item, tell me how sustainable this is? You don't need soft drinks, people can (and will) simply chose to stop drinking them. The only safe industries and businesses are likely inelastic goods at this point, but Mileinomics so far seems to be shitting the bed.
VLLC!
