Hello fellow Rebel capitalists hope you're well so breaking news down in Argentina.

In fact we've got some good news to report.

A gentleman and I'm not quite sure how to pronounce his name we're going to get into it just a moment

go to see NBC and check out the specifics but basically he's a libertarian I mean he's like

the Argentinian version of Ron Paul he just won their preliminary election. So he hasn't won the whole election yet, but this is like

they do a couple different rounds in some of the South American countries. I know they do that here in Columbia as well.

And this guy just crushed it, just dominated the first round of elections.

And some of his key talking points are he wants to eliminate the central bank, like gone, done.

He wants to massively reduce government spending.

He wants to privatize a lot of their industries and he wants to

dollarize the economy, which from an American standpoint may sound insane, but for a country like Argentina, this could dramatically reduce the government's

ability to create these problems in the future.

And one of the best things that it does

is it allows the, it allows you to have

the government debt to be denominated in a currency

where they might be able interest rates that's also going to match up

with their revenues. So as an example right now a lot of their debt is

denominated in dollars but their currency is the Argentinian peso so that debt load

becomes more and more and more of a burden where if you match that up and you say why

didn't they do that with the Argentinian peso because the interest rates would be

too high so and also if you looked at countries that have very high

inflation rates when they go to another currency like the dollar which is what they

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