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Fortune
Fortune
Shawn Tully

Inside the Trump team’s secret talks to rescue Argentina—with the help of the ‘Money Doctor’ who wants to stop the 'pink tide' sweeping Latin America

(Credit: Chip Somodevilla/Getty Images)

The Trump administration is carefully weighing a campaign to rescue Argentina’s economy and its wobbling president, Javier Milei. The signal that the Trump team’s getting extremely serious about the move: It has engaged the renowned international “Money Doctor” to explain the template for shifting South America’s second-largest economy to the greenback. 

The currency “MD” is Steve H. Hanke, professor of applied economics at Johns Hopkins University. Hanke’s the world’s leading authority on dollarization and other solutions that tie developing economies to the dollar, a status he’s achieved both via his voluminous academic writings on the subject and hands-on implementation as an adviser to sundry governments that have effectively shelved discretionary domestic monetary policies to recharge their economies and cure rampant inflation. 

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