The former president of Banco Nación considered that the sharp rise in prices is a consequence of “the inconsistency of the model” and relativized the impact of the war between Russia and Ukraine as proposed by the Government.
Among those inconsistencies, he mentioned the “idea that it can be issued and nothing happens with the currency.”
“When the Monetary Fund signs an agreement for 2022 and puts inflation at 41%, it announces the program in the morning and wants to recalibrate it in the afternoon. And then they blame the Russia-Ukraine war. Do you think that from 41 to 95 is Ukraine’s fault? Stop screwing around. It’s the inconsistency of the model, the ideas that have died,” he said.
Regarding the level that inflation will reach this year, the president of the Mediterranean Foundation warned that a cost of living of 95% or 105% “is the same. What is not the same is 41% and 99%. That is outrageous.” The rate of inflation doubled.”
He also discredited the government’s promise that inflation will go down: “It really won’t go down. It is condemned in this model.
First, because here (Economy Minister Sergio) Massa did not apply a stabilization plan. Here one feels relief and doubts simultaneously that this year ends at 95% and a budget is projected at 60%. Fancy”.
Melconian maintained that “here the magic of populism has ended, here they rub the ideas that don’t work.”
And he maintained: “We see trade unionists who go to the American Embassy, take a photo and tweet with pride. The exchange is of such magnitude. We need someone to come and do things.”
Source: Ambito
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