When's a rug not a rug? When it's pulled right out from under ya, ya dummies. Fans of Javier Milei recently learned that hard lesson when they dropped millions of dollars of (presumably not) hard-earned cash into a meme coin fraud sponsored by the famously sister-curious Argentine president. We invited Andres Fidanza, editor-in-chief of El Observador USA, to talk about the curious case of South America's most prominent Milton Friedman acolyte and discuss how it affects the perception of a cunning, brass-tacks, no-nonsense economist when they out themselves as financially incompetent.

You can read more of Andres' reporting at El Observador and follow him on X/Twitter.

In the back half of the episode, we discuss Ron DeSantis' efforts to abolish property taxes in Florida (official vote count on the pod: 1 yay, 2 nays). Then we briefly catch up with two more of our favorite characters in Miami, Joe Carollo and Francis Suarez, who each have their own scandals firmly parked up their asses.