In the framework of a controversy with other economists and participants of the social network, Rubinstein stated that “business margins in September 2021 were 30% and now 40%. “Therefore, I invite you, instead of insulting or defaming, to think about these differences, and whenever you want, we seriously debate them,” he said.
A “very good tool”
Previously, The official had highlighted that the Fair Prices program is a “very good tool” that will try to “slow down inflationary inertia to 4% per month in the coming months.”
“That 4%, or 60% per year, is what we project and include in the 2023 Budget,” a figure “well compatible with the ‘macro’ foundations (fiscal, monetary, among others),” Rubinstein emphasized in a web post. social Twitter.
In any case, Rubinstein clarified that “Fair Prices is only one step […] a piece, but a very important one, of the scaffolding that will enable us to make further improvements, in pursuit of an ever deeper fiscal order, and ever lower inflation,” he concluded.
Fair Prices
The program, a price agreement that will keep more than 1,700 products with the same values until next February 28, was presented this afternoon by the Minister of Economy, Sergio Massa, at the Kirchner Cultural Center (CCK) in Buenos Aires.
In that framework, Massa remarked that Fair Prices will allow the State “to follow a downward path in what most impacts the lives of Argentines, which is inflation.”
Likewise, he pointed out that “it solves one of the problems we have in terms of inflation, not inflation” since it -he affirmed- “is solved with an orderly fiscal policy, with accumulation of reserves and coordinated work with the chains of widespread input”.
Finally, the minister urged mass consumption companies that did not sign the agreement to do so in order “not to lose the market”, since he considered that consumers will turn to its products.
Source: Ambito
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