When Javier Milei took over as president of Argentina in December 2023, monthly inflation was 25.5%. The annual rate for that year was 211%. Now it has plummeted. Milei, a rightwing populist famous for wielding a chainsaw on stage to make a point about fiscal conservatism, made cutting inflation a central part of his campaign. The latest figures put monthly inflation in April at 2.6%, and 32% for the year. While this is still very high and behind only Venezuela, South Sudan and Iran, it’s well