“I respect the autonomy of the Bank of Mexico, but the technicians should already think of another formula, because they are not only the technicians of the Bank of Mexico, they are those of the Treasury (United States), of all the central banks of the world”affirmed the president in his usual morning press conference, on Friday.
“It’s like when you have a car that gets hot, it runs but it gets hot (…) So that the car doesn’t get hot, it turns off and it doesn’t run anymore, there’s no growth anymore,” he explained as an analogy, and he believed that the members of the central banks “are technicians who think they are scientists”.
López Obrador said he will seek to boost production and “do not bet everything on the financial world, on speculation”and revealed that he intends to present his anti-inflation proposal to Biden in a visit to Washington scheduled for July.
The president of Mexico pointed out that a fuel subsidy that his administration is applying on the northern border of the country is benefiting Americans who cross to fill the tank of their vehicles and asked for reciprocity from the neighboring country.
“On the part of the United States we also want there to be a contribution to the economy of our country, that is the joint anti-inflationary plan that I am going to propose to President Biden,” he said.
Although he said he had the document that he will deliver, he explained that he prefers not to advance its content. However, he mentioned that in the food field, Mexico is self-sufficient in white corn for human consumption, but has to import around 16 million tons of yellow corn for fodder from the United States.
Source: Ambito
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