They will do everything possible to generate panic with the dollar

They will do everything possible to generate panic with the dollar

The president Javier Mileitrue to his style, was active on social networks in the last few hours. This time he positioned himself on two central issues this week: the dollar and the legislative elections next Sunday, October 26. Through a post on his “They will do everything possible to generate panic” with the currency.

Milei’s message takes on more relevance amid the help of the US Treasurywhich confirmed through Secretary Scott Bessent the intervention with US$40,000 million, as a pair of the bailout swap that the Donald Trump government activated.

Javier Milei, with the focus on the dollar one week before the elections

“KEEP IN MIND. End”. With these words, the President denounced through a retweet a post by economist Federico Domínguez that the next few days will be one of “panic” and “lies”, as stated in the message of the aforementioned finance specialist, with an analysis of his vision of what will happen in the coming days with the North American currency.

Embed – https://publish.x.com/oembed?url=https://x.com/JMilei/status/1979936101822235094&partner=&hide_thread=false

In the tweet referred to by Milei, Domínguez began by saying: “This week they will do everything possible to generate panic and try to make the dollar the cover of the newspapers. There will be lies: that the US Treasury “lets go” of the Government, that after the election the bands end and there will be a large devaluation, that the Government “spent many dollars” to intervene, that debt payments are at risk, and much more.”

In another section, Domínguez maintains: “Politically, the operations can be even larger. The reality is that, in December, the Government and its allies will see their capacity to defend the fiscal balance reinforced. The monetary program is solid, because there is a capitalized BCRA, few pesos and a fiscal surplus.”

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Regarding the aid from Donald Trump’s government, the economist expressed: “The support of the United States does not depend on the electoral result, but on the Government’s policies, especially the fiscal order and alignment with the West.” He pointed out against “those who want to preserve their privileges”, since “they will try to remove the focus from the central issue: fiscal balance, structural reforms (such as labor reform), continue deregulation, lowering taxes and a solid monetary program,” he explained.

According to the economist cited by Milei, “the central thing in this election is the underlying ideas about the country we want.” In his defense of the libertarian management, Domínguez pointed out: “Taking into account the conditions under which the Government took office—and that all property rights were respected—, it is the best economic management that we can remember,” he concluded.

Source: Ambito

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