For Sergio Massa’s former number two, it is “pure intellectual dishonesty” to attribute to Sergio Massa the inflation of December 2023, of 25.5%, when it was Javier Milei who devalued the peso by 140%.
The former number two of the Ministry of Economy, Gabriel Rubinsteincomplained that The current administration attributes the 25.5% spike in inflation in December to his management. but he praised Javier Milei’s management for the fiscal adjustment that he managed to consolidate and thus moving forward in a reduction in prices.
“For me it is pure intellectual dishonesty attributing to Sergio Massa the inflation of December 2023, of 25.5%, when it was Javier Milei who devalued 140% (devaluation + increase in the PAIS Tax), and who had been saying that the peso was excrement and that it was going to be dollarized without dollarss, which led many to think that the dollar could go to $2,000 or $3,000 (highlighting very exaggerated prices),” Rubinstein commented.
This description was in response to a publication shared by the president of the Chamber of Deputies, Martín Menemwho posted a graphic that said “Massa vs. Milei.” “That doesn’t stop Milei from the enormous merit of having made the great fiscal adjustment of five points of GDP since January 2024creating the bases so that inflation at some point can be less than 10% annually,” remarked the economist.
It should be noted that September inflation was 3.5%, its lowest level since November 2021as reported by the National Institute of Statistics and Censuses (INDEC). In this way, the Consumer Price Index (CPI) accumulated 101.6% so far this year and fell sharply to 209% year-on-year.
Source: Ambito
