President Javier Milei warned today that the country will continue “to suffer high inflation for a few months” but he assured that if the plan remains “on this path of austerity, sloppiness and sanitation of the Central Bank”, his management will manage to “reduce inflation”.
President Javier Milei today considered it a “huge achievement” that the inflation last December was 25% and he attributed it to a “hyperorthodox stabilization plan” which consists, he said, of “a strong fiscal adjustment so that there is no more need for issuance to finance the treasury, a process of sanitation of the Central Bank, which is ongoing, and a sincerity in the exchange market.”
At the same time, he added that the “most progressive policy is to eliminate inflation” and regretted that in Argentina there has been “ileftists who only want to generate inflationthey want the Central Bank to generate inflation and it is an oxymoron” because, he stressed, “they say they defend the poor and they want an instrument that multiplies it.”
Milei maintained that in the political discussion “we have people who are trying to find the square of the circle, the obese skeleton, the virgin prostitute and the hot ice cream”, when “all those things do not exist and we have to be explaining that we do not have to explaining that they don’t exist.
In statements to radio Miter, the president said he felt “satisfied” by the “achievements” of his first month in office and recalled that his administration “received a country on the verge of an explosion.”
The mega DNU in debate
In another part of the interview, Milei explained that if the DNU of economic deregulation and the omnibus law “were in place”, Argentina “would rise 90 places in the ranking of economic freedom” and “would be in a position to enter a path so that, in a reasonable period of time, looks like countries like France and Germany“. }
In that sense, he asked Congress to enact the Omnibus Law, warning that the “zero deficit is not negotiable” and that, if progress is not made on this rule, “the adjustment that will have to be made will be greater.”
“The more delays and nonsense that is done from politics, the market will pay you the bill,” he said. Milei in dialogue with Radio Miter, and added that the Government “understands” that “the origin of all evil is the State and politicians generating fiscal deficits.”
On the other hand, Milei maintained that the DNU of economic deregulation is “revolutionary” because “it is the first time that a DNU returns individual freedoms, makes market structures more competitive and puts an end to the shady business of politics,” and he said that this last point generates “so much complaint” from some political sectors that “ “They hide” thus “the defense of a privilege that they are losing.”
He also pointed out that with the omnibus law that Congress is discussing these days “much more was done than in many years of this democracy, and all in favor of the ideas of freedom and individual well-being.”
“The more delays and nonsense that are done from politics, the market will pass the bill,” said Milei in dialogue with Radio Miter, and added that the Government “understands” that “the origin of all evils is the State and the politicians generating fiscal deficit”.
Source: Ambito
