It's not that complicated. The government needs to balance its budget. Continually borrowing money -- from the central bank when nobody else wants to lend any -- is inevitably going to inflate the currency.
Unfortunately, while this is the only economically feasible solution, it's not a politically feasible solution.
A state needs money in circulation to operate (which comes from debt usually), and, it needs money to pay for stuff while it's in distress.
'Balanced Books' is like asking a cancer patient to leave the hospital and 'get a job!'.
Something needs to be done for 'full restoration of confidence' - and while 'balanced books' will do that, it will kill the economy in the meantime.
Probably getting rid of corruption, then getting rid of obvious waste, then having maybe a period of 'dollar pegging' and outside observance of the Central Bank and maybe some economic oversight as well from Europe and USA ... might help.
Sort of like a giant 'drug rehab program' with observers and transparency etc.
I suggest a lot of the system is broken and a lot of pieces within it need to be fixed. It's very hard to pull a drug addict off of a drug, the entire body is addicted down to the cellular level.
You mean in terms of winning the next re-election? Or because other politicians will not approve new laws to control that?
If the people have to starve for X years, I doubt it's a good solution but I don't know if that's what you mean by politically.
You want a solution? Free market (even a simple notebook, nothing fancy, costs a fortune), control nothing, destroy all the stupid fucking taxes we have that once were "temporary" and here we are still having to pay them, let people improve their businesses (as of today, if you want to import machinery you have to pay an absurd amount, which leads to small businesses stuck).
Desgraciadamente Argentina, un país hermoso, con gente maravillosa, ha estado en manos de poderosas fuerzas políticas que han destrozado el país a través de décadas de afanar, subyugar y controlar. Lo único que les importa a esos reverendos HDP's es mantener el poder. Y ahora le están vendiendo el país a China. Genial la idea. No?
Interesting that there's a thread about problems in Argentina. I posted something about this on another conversation earlier today. It was violently and mercilessly downvoted and flagged, which is normal for HN. Why? Because leftists in the US don't want to hear the truth about the garbage they have come to believe through indoctrination.
Not sure you can still read it, here's the link:
https://news.ycombinator.com/item?id=35951446
People in the US are so ignorant about history of other countries, and, in particular, Latin America, that they are solidly marching in a direction to make all the mistakes history has proven to destructive to societies.
Schools, universities, in the US are teaching hatred of free market concepts. They are indoctrinating kids into actually believing things that have been proven, time and time again, to be destructive to society. These are the kinds of things have have been happening in places like Argentina, Chile, Mexico, Ecuador, Colombia and nearly every country in Latin America for decades.
In fact, I tell my friends that places like Argentina are like a time machine for the US. If you study what happened there at various times it is impossible not to draw parallels to what has been happening here for a decade or two.
As I mentioned in my the post linked above (flagged, so I don't know if anyone can read it), my parents had business in Argentina and so I lived there a number of years when I was a teenager. I saw the transition into the military regime and everything that went with it.
I also say in that post that if you actually ask people who have lived in such countries how they feel, the last thing they are going to say is that big government control of everything, high taxes and all the crap being pushed here in the US are things they enjoyed. What you will typically hear is exactly what you said: Free market is the best thing for any society.