The 'No Hay Plata' (There is no money) meme originated from the 2023 presidential inauguration and subsequent speeches of Argentine President Javier Milei. The phrase was used to describe the country's dire economic situation and the necessity of harsh fiscal cuts. It quickly transcended politics to become a viral catchphrase used across social media to justify everything from personal financial struggles to humorous refusals of expensive requests. The meme typically features Milei’s distinctive expression or simply the bold text over relatable situations where a budget is non-existent, symbolizing a blunt and unapologetic reality check.