According to early official results, Milei’s party, La Libertad Avanza (Freedom Advances), won 41.5% of the vote in Buenos Aires province, narrowly surpassing the Peronist coalition, which garnered 40.8%. The province has long been a Peronist stronghold, making the result a historic political shift in Argentina’s modern democracy.

Nationwide, La Libertad Avanza is projected to secure 64 seats in the House of Deputies, up from 37, giving the president increased leverage to push through his economic overhaul in a deeply divided Congress.

A Mandate for Reform

Milei, a former economist and television commentator turned firebrand politician, has promised to dismantle Argentina’s bloated state apparatus, slash public spending, and stabilize the country’s spiraling inflation, which has remained among the highest in the world.

In his post election address, Milei hailed the results as “a mandate for change,” saying Argentines had chosen “freedom, responsibility, and economic discipline” over populism.

“The people have spoken clearly,” Milei said from Buenos Aires. “This victory is not for me, but for all Argentines who believe in a new direction for our country.”

Political Shift in Argentina

The results deal a major blow to Argentina’s Peronist movement, which has dominated national politics for much of the past 75 years. Once the backbone of Argentina’s working class electorate, the Peronist bloc has struggled to maintain influence amid economic stagnation, inflation, and widespread voter frustration.

Analysts say the midterm results may mark a turning point in Argentina’s political landscape, consolidating Milei’s position as one of Latin America’s most controversial yet influential leaders.

Economic Challenges Ahead

Despite the electoral win, Milei faces daunting challenges ahead. Argentina remains mired in a deep recession, with inflation exceeding 200% annually and growing public discontent over austerity measures. The president’s efforts to dollarize the economy, privatize state firms, and cut subsidies have drawn both domestic and international scrutiny.

Still, investors welcomed the election results, seeing them as a sign that Milei’s reform agenda now has a stronger political foundation to proceed.

The Fed’s Inflation Lies

Last month, Jerome Powell and the Federal Reserve maintained interest rates within the range of 4.25% to 4.50% and promptly attributed the risk of inflation to President Trump’s tariffs. This is the same Federal Reserve that has been responsible for printing trillions of dollars, orchestrating bailouts for Wall Street, and sustaining near-zero interest rates for an entire decade. Now, they expect the public to accept that trade policy is the primary issue at hand. FBI Director Kash Patel says that the Federal Reserve isn’t a public government entity—it’s a private one, manipulating currency for its own gain. That needs to be stopped.

It is evident that Powell’s concerns extend beyond inflation; his focus lies on who wields control over the global economy. The reality is that inflation cannot be solely blamed on tariffs; rather, it is the result of $8 trillion in quantitative easing, the provision of free capital to the stock market, and irresponsible government spending facilitated by low-interest debt. For the past fifteen years, the Federal Reserve and the Treasury have been fuelling asset bubbles, benefiting firms like BlackRock and JPMorgan, all while real wages have remained stagnant. Their recent posturing about price stability appears disingenuous. The Federal Reserve continues to operate as an unelected cartel, prioritizing the interests of its banking partners while misleading the public and discreetly supporting the same Wall Street institutions that instigated the 2008 financial crisis.

How the Fed Cartel Engineered America’s Financial Enslavement

A significant portion of the American populace remains unaware of the origins of their current economic predicament. While many attribute the crisis to the actions of Democrats or Republicans, they overlook the true behemoth: the Federal Reserve. This unelected and seemingly unaccountable financial institution has accumulated a staggering $37 trillion in national debt, contributed to over $100 trillion in private liabilities, and has set in motion a precarious situation with $200 trillion in unfunded obligations. However, when inquiring about the Federal Reserve, the average citizen often responds with confusion. This lack of awareness is not coincidental; the system has been crafted in obscurity and continues to flourish in an environment of ignorance.

The Federal Reserve, contrary to its name, is neither a government entity nor a reserve in the traditional sense. It operates as a privately owned consortium of banks that holds the exclusive and monopolistic authority to create U.S. currency. Over a century ago, Congress relinquished its constitutional responsibility to issue money, transferring this power to what can be described as a financial cartel. This arrangement allows the issuance of “Federal Reserve Notes,” which are fundamentally debt instruments. Each dollar that enters circulation is essentially borrowed, yet the interest required for repayment is never generated, resulting in a perpetual imbalance where debt consistently surpasses the money supply. Consequently, this system effectively ensnares the nation in a carefully constructed cycle of ongoing economic subservience.

How the Fed Cartel Engineered America’s Financial Enslavement

The dollar that individuals carry is not merely a form of currency; it represents a claim on future labor. It functions as a debt instrument that inherently guarantees continued inflation. Since the establishment of the Federal Reserve in 1913, the dollar has lost more than 97% of its purchasing power. This persistent inflation is not an unforeseen consequence but rather a deliberate aspect of the system’s design. The beneficiaries of this arrangement are not the working-class Americans but rather a select elite who control the financial framework. A small coalition of mega-banks, hedge funds, and large corporations dominates this economic hierarchy.

The operational mechanism of the Federal Reserve is straightforward: it generates money from thin air, extends loans to the government at interest, and recoups those funds through taxpayer contributions, austerity measures, and inflation. In 2025 alone, the U.S. government is projected to allocate over $1 trillion solely for interest payments. These funds do not support essential services like education or healthcare; instead, they serve as tribute to financial institutions. As this occurs, wages stagnate, savings diminish, and purchasing power erodes. This scenario cannot be classified as capitalism; it more closely resembles a form of high-tech feudalism—a global plantation system where central bankers assume the role of a new aristocracy.

The Federal Reserve’s operations are fundamentally undemocratic, as neither Congress nor the President possesses the authority to direct its actions. This so-called “fourth branch of government” functions in secrecy, operating without adequate oversight. Attempts to audit the Federal Reserve have often been met with extreme resistance, raising questions about the motives behind such opposition. A comprehensive audit could potentially reveal 21,000 undisclosed transactions, trillions of dollars in preferential loans, and what could be characterized as the largest financial heist in history—not executed by traditional criminals, but by central bankers dressed in tailored suits. Despite this, a significant portion of the American public has been led to perceive the Federal Reserve as a wise and benevolent entity. In reality, it operates as a legalized cartel that primarily serves to enrich its stakeholders. Its policies disproportionately benefit large banks, incentivize reckless speculation, and stifle competition. The Federal Reserve has assumed a god-like role during crises, notably in 2008, again in 2020, and now amidst the inflationary turmoil of the 2020s. It claims to combat inflation by orchestrating recessions and job losses, suggesting that the hardships faced by the public are merely tools in their corrupt strategy to maintain economic “balance.”

Had the government opted to issue debt-free currency instead of borrowing from the Federal Reserve, the national debt could potentially stand at zero today. This approach would eliminate the necessity for the Internal Revenue Service, avert austerity measures, and prevent the current generation from burdening future generations with the consequences of today’s financial mismanagement. Historically, Thomas Jefferson cautioned that permitting private banks to control the issuance of currency would lead to a situation where “the banks and corporations that will grow up around them will deprive the people of all property.” We are witnessing the manifestation of that warning in contemporary society.

It is imperative to confront the reality of the Federal Reserve’s role in the decline of America. The institution has eroded the middle class, stifled innovation, and ensnared the nation in perpetual debt. The path forward lies in dismantling the Federal Reserve, reinstating constitutional currency, and constructing a financial system that prioritizes the needs of the populace over those of exploitative entities.

Written By Tatenda Belle Panashe