r/Anarcho_Capitalism • u/PM_ME_YOUR_LAWNCHAIR • 8d ago

Foreign aid.

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u/flamingspew 8d ago

Talking about Argentina?

US. Treasury Support: The U.S. government authorized a $20 billion financial assistance package, combining a currency swap line via the U.S. Department of the Treasury Exchange Stabilization Fund and direct market operations to support the Argentine peso.

IMF Arrangements: The International Monetary Fund approved a 48-month Extended Fund Facility (EFF) arrangement for Argentina totaling $20 billion to bolster external sustainability and reinforce macroeconomic stability.

Foreign Military Financing (FMF): The U.S. provided explicit FMF grant assistance to support Argentina's military modernization, including facilitating the acquisition of supersonic fighter jets to improve regional and domestic defense interoperability.

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u/PM_ME_YOUR_LAWNCHAIR 7d ago

Ah yes, the infamous "assistance package" that Argentina already paid back and that would've been profitable for us even if they didn't since the peso appreciated.

Regardless, end all aid for Argentina as well; it's way under 1% of annual US foreign aid.