In order to have a mature discussion about this topic, it's necessary for people to know about the economic and political history of Argentina. It's impossible to understand their current situation without going back to the 1940s. Bad faith arguments look over the fact that Argentina has had decades of incredible economic distortions as a consequence of political rot, and that undoing those distortions is not achieved in the time Milei has been president (I personally don't believe they could be undone in less than a presidential term).

Wouldn't that be something like Somalia? There's very evidently a state in Argentina, even though it's massively mismanaged.

this is kind of the opposite extreme: the argentine state has created these problems through pervasive over-regulation of the economy, down to the level of deciding which brands get how much shelf space on the supermarket shelves, and granting licenses to purchase foreign exchange on a case-by-case basis at different rates depending on what the purpose of the foreign exchange is

the experience of a state that is far too effective at fucking up the economy is why the argentines elected a total nutbag as president on the strength of his campaign promises to vastly reduce the effectiveness of the state

Milei is a mega libertarian, but this mess pre-dates him by a long way.

Then who's printing all that money?

Actually the Government has been Peronist (which many consider to be equivalent to socialist) in Argentina from WW2 to 1970, and then from 1989 onwards.

A large government spending lots of money. Add in wage and price controls (classic authoritarian leftwing policies), and economic ruin was an inevitability

Inflation has nothing to do with libertarianism and everything to do with a state that tried to run everything and inevitably failed.

https://en.wikipedia.org/wiki/Socialism_in_Argentina

you are incorrectly conflating socialism with peronism, which is more fascist than socialist, though it certainly has socialist factions within it

Peronism is relevant, but its an unhelpful term, as its meaning has mutated over the year with different "Peronist" leaders.

But fundamentally (if you look at the twenty tenets of Peronism) it is a populist leftwing ideology that aligns strongly with trade unions, social justice and economic nationalism. We can argue the toss as to whether this implies it is "socialist" or not, but it's certainly far from free market capitalism.

yes, it is certainly about as far as you can get from free-market capitalism, but not in the same direction as socialism

what you said was, 'Actually the Government has been socialist in Argentina from WW2 to 1970, and then from 1989 onwards', when in fact the numerous socialist parties in argentina have held the presidency or a majority in congress for a sum total of exactly zero days during that time

clearly what you're referring to there is peronism, not socialism, and you're also unaware of the administrations of frondizi and the various military dictatorships before 01970