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Are we really giving 20 billion to Argentina?

Posted on 10/30/2025 8:47:00 AM PDT by Mount Athos

Is it a done deal or was it just a trial balloon to see how people would feel about it?


TOPICS: Business/Economy
KEYWORDS: argentina; stupidvanity

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1 posted on 10/30/2025 8:47:00 AM PDT by Mount Athos
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To: Mount Athos

Yes, and no, the U.S. government, under the Trump administration, agreed to provide a $20 billion financial package to Argentina in October 2025.
However, this is not a direct gift or grant but a currency swap agreement, which functions as a loan.
Under this arrangement, the U.S. exchanges U.S. dollars for Argentine pesos to help stabilize Argentina’s currency and economy.
The funds are drawn from the U.S. Treasury’s Exchange Stabilization Fund, which can be used without congressional approval.


2 posted on 10/30/2025 8:51:20 AM PDT by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
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To: Mount Athos

Investing and giving are two different things.


3 posted on 10/30/2025 8:52:10 AM PDT by ImJustAnotherOkie
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To: Mount Athos

Argentina / Milei faced an organized and manufactured financial crisis, purposely initiated just weeks before Argentina’s mid-term elections.

Some local crony oligarch bankers, aligned with the left wing Peronist/Kirchner party, started a run on the Argentina Peso, probably with help from outside / international capital.

Pure color-revolution type tactics

Trump and Bessant simply helped Javier Milei and Argentina slap down that political scheme.

Now that the election has passed, things will return to normal - at least until the next election.


4 posted on 10/30/2025 8:53:03 AM PDT by PGR88
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To: All

The US is providing Argentina with a $20 billion currency swap line and is directly purchasing an undisclosed amount of Argentine pesos to stabilize its economy. Separately, the US has historically provided smaller amounts of foreign aid for economic and military development, with $8.38 million committed in FY 2023.

$20 billion swap line: The US Treasury finalized a $20 billion currency swap agreement with Argentina’s central bank, which allows the two countries to exchange currencies to help Argentina’s financial markets.

Direct peso purchases: The US has also started buying Argentine pesos on the foreign exchange market to directly support the currency’s value.

For fiscal year 2023, the US committed $8.38 million in foreign aid to Argentina, which included approximately $6.79 million in economic aid and $1.59 million in military aid.

FY 2025 aid: For fiscal year 2025, there are reports of a much smaller amount of foreign aid to Argentina, reported as $68,000.


5 posted on 10/30/2025 8:54:10 AM PDT by Liz (To make a conservative mad, lie to him. To make a leftist mad, tell him the truth.)
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To: Mount Athos

Free and prosperous nations make good neighbors.


6 posted on 10/30/2025 8:54:50 AM PDT by mewzilla (Swing away, Mr. President, swing away! 🇺🇸 🏴󠁧󠁢󠁥󠁮󠁧󠁿 )
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To: PGR88

Also, Argentina can supply beef and so lower our prices.


7 posted on 10/30/2025 8:55:54 AM PDT by artfldgr (Artfldgr)
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To: Mount Athos
No. It's a currency swap.

And since the the announcement, the Argentine pesco to the US dollar is slightly up.

8 posted on 10/30/2025 8:56:19 AM PDT by FreeReign
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To: Mount Athos

GEMINI

The U.S. has provided a $20 billion currency swap agreement to Argentina to help stabilize its economy and is working to secure an additional $20 billion in financing from private banks and sovereign funds, totaling a potential $40 billion in financial support.


9 posted on 10/30/2025 8:56:26 AM PDT by TexasGator (1The 750 hp Florida Gnat)
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To: PGR88

AND the US will make money on the deal.


10 posted on 10/30/2025 8:57:59 AM PDT by LeonardFMason
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To: Red Badger

Oh It’s a loan!
So we get all our money back.
Suuuure.
The kind of loan that no sensible financial institution would ever make.

About as likely as Ukraine paying back its loans.

Hey it’s not too late for us to flush to a few hundred billion more on Ukraine while we’re at it


11 posted on 10/30/2025 8:58:06 AM PDT by Mount Athos
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To: PGR88

This is the kind of help that the US has provided over the decades to support free economies. Kinda like help when a corrupted country needs support to get out from under a tyrannical gov’mt.

This behavior is why the world elites must destroy the US. So that their tyrannical gov’mts they set up will not be at risk.

This all is a last-chance roll of the dice. If the US/DJT wins, the human race has some breathing space. If not, over population will not be a concern. Ever.


12 posted on 10/30/2025 8:58:15 AM PDT by bobbo666
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To: ImJustAnotherOkie

Hey i’ll trade you this pile of Argentine pesos I have for your dollars! It’s ok, it’s an “investment”


13 posted on 10/30/2025 8:59:28 AM PDT by Mount Athos
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To: Mount Athos

Argentina has a history of big ups and downs. They have been an economic powerhouse, and then they descend into madness and ruin. Done it several times. I think it helps us a lot if Argentina stays strong as a small government (Milei) South American power. It helps keep China out of the region and shows that the US can be a good friend. Everyone wins with this deal that Trump put together.


14 posted on 10/30/2025 9:03:15 AM PDT by ClearCase_guy (Democrats seek power through cheating and assassination. They are sociopaths. They just want power.)
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To: ClearCase_guy

Argentina has the resources to be one of the most prosperous countries in the world.


15 posted on 10/30/2025 9:03:52 AM PDT by dfwgator ("I am Charlie Kirk!")
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To: PGR88

It may turn out to be actually a wise investment.
The peso kind of rebounded after Miley won the election.


16 posted on 10/30/2025 9:04:09 AM PDT by AZJeep (sane )
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To: ClearCase_guy

An economic powerhouse a 100 years ago...

It’s been a kleptocracy for a very long time


17 posted on 10/30/2025 9:04:22 AM PDT by Mount Athos
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To: PGR88

You are correct!
Argentina is now the only friend we have in South America.
Brazil is now in civil war and the drug cartels run it and most of South America.


18 posted on 10/30/2025 9:04:25 AM PDT by Zathras
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To: Mount Athos; SaveFerris

Hey i’ll trade you this pile of Argentine pesos I have for your dollars! It’s ok, it’s an “investment”


Well I got the pistol
So I get the pesos
Yeah, that seems fair!


19 posted on 10/30/2025 9:05:41 AM PDT by dfwgator ("I am Charlie Kirk!")
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To: ImJustAnotherOkie
Giving? No. We have nothing to give. We're $138 trillion in debt.

We're borrowing money for them.

20 posted on 10/30/2025 9:06:09 AM PDT by T.B. Yoits
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