In radio statements, Patricia Bullrich’s former advisor spoke about the Government’s economic plan and pointed out the importance of “distinguishing between the launch of a stability, growth and development program, which includes structural reforms, deregulation, under a certain order of causality. Things have to be ripe for that.”
And he pointed out: “One thing is the inflation rate and another is the basket of its components. Milei receives a released inflation rate, the problem is that it also decides a nonsense regarding the movement of goods within that basket, with zero responsibility for this government.”
What price did Carlos Melconian put on the dollar?
In statements with Radio Mitre, Melconian referred to the dollar and its real value: “The president has the will not to devalue, it is the president’s word (but) It is one thing when there is a 100% gap or when the exchange rate has an exaggerated deviation. A 100% gap like the one he received.”
“The free dollar on December 10, 2023 (the day the current government took office) today gives 2,200 pesos. The discussion today is that after the unnecessary dollar at $800, inflation was 90% and the dollar rose to 2% monthly. The street view is that we are in trouble. “Today’s dollar is not genuine, it is blocked,” he added.
In that sense, Melconian pointed out that the dollar “remains partly due to the blend (80% of exports settled in the official dollar and 20% in “cash with settlement”, which thus supplies that market) and the impossibility of paying for imports. Everybody know this. “This is not a product of absolute freedom with investment, capital inflows, privatizations, in which one wants to take dollars out of the canoe, but the dollars come and go.”
Javier Milei’s unusual phrase in the Llao Llao Forum: “He who flees dollars is a hero”
President Javier Milei was present this Friday at the Llao Llao Forum in the city of Bariloche. There, in a speech in front of the red circle of the business community, he stressed that his Government “made the largest fiscal adjustment of humanity” and left his audience astonished by expressing that he who leaks foreign currency ““He is not a criminal, but a hero.”
For more than an hour, the head of state justified many of the economic measures applied during the four months of his administration, but the statement that immediately had an echo on social networks was his curious proposal about capital flightdays after having presented in Congress a package of tax reforms that includes money laundering.
When referring to the controls exercised by previous governments, he pointed out: “They finance the deficit with monetary issuance, they generate inflation. What do they do? Price controls like the Gondola Law. And when they control prices, shortages appear. They lose their dollars. , then they put capital controls and then He who escapes is a criminal. But not. He who escapes is a hero, he managed to escape from the clutches of the State.”
Source: Ambito
