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
La 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.