Wall Street and the City of London are using Argentine beef to liquidate American family farms. Trump and Bessent do not work for America. The American cattle industry is being deliberately sacrificed to the Atlanticist financial oligarchy.
Rep. Greene is correct: the American cattle industry is being deliberately undermined.
The $20 billion currency swap was engineered by Bessent to prop up Milei ahead of the midterm elections. Milei’s “shock therapy” has devastated Argentina, driving hyperinflation, soaring poverty, and social collapse. The goal was to secure a neoliberal beachhead in South America, remove Chinese influence, and open Argentina’s resources to London and Wall Street predators.
Now the same policy circle is using Argentine beef to undercut what remains of the American cattle industry, at the very moment the US herd sits at its lowest level in 75 years and independent producers continue to exit. Trump’s demand that the imported meat be sold at 25% below market rates is deliberate price suppression. The food cartel—JBS, Tyson, Cargill, and National Beef—will pocket the spread, importing cheap meat from austerity-ravaged Argentina while driving independent American producers out of business.
Wall Street and London are using Argentina as a testing ground for policies that destroy independent family farms in both countries. This is a continuation of East India Company-style private control over essential commodities, enforcing free-trade and austerity policies that reduce national self-sufficiency, drive family producers out, and prioritize low-cost global sourcing and financial returns over physical abundance and sovereignty.
The real disease is decades of cartel control by the Big Four packers, the abandonment of parity pricing, the refusal to direct real credit to independent producers, and free-trade policies that treat American agriculture as disposable. Prices received by ranchers have been driven far below full parity for years, which has liquidated the breeding herd. Importing foreign beef under these conditions deepens the destruction of American ranches.
The solution is reinstating parity pricing as mandated by the Agricultural Adjustment Act of 1938; breaking the meatpacking cartel’s stranglehold through serious antitrust enforcement and restoring competitive markets; and direct national credit at low interest to independent producers to rebuild the American herd.
The agro-financial complex’s global sourcing model that pits producers against each other while the middlemen and banks profit must be rejected. The Atlanticist financial oligarchy is using Argentina as a laboratory for destroying productive capacity, while American family farmers and Argentine workers are sacrificed to the City of London and Wall Street. The fight is against the entire monetarist system.
The physical economy must be put first, not the cartels and speculators.
