The president of Argentine stock markets and markets celebrated the “stability” achieved by the ordering of public accounts. However, he stated that “it was not yet daily of millions of people.”
The president of Argentine bags and markets (byma), Claudio Zuchovicki said today that “the macroeconomy” In the government of Javier Milei “It is no longer discussed because The Government ordered it“, but warned that now You have to consider “microeconomics, What people live in the street, the kiosk, who goes to the supermarket. “
Asked about the persistent shortage of dollars and official optimism about a possible sustained decrease of the exchange rate, the economist He explained that “in finance, when you have surplus, When you earn more than you spend, that generates stability”.
However, in statements to the “Mercuriali 630” program, which Franco Mercuriali drives by Radio Rivadavia, Zuchovicki He stressed that this macroeconomic stability “It still didn’t come to day to millions of people.”
Zuchovicki warned by the fall of consumption and pocket of the Argentines
On the most beaten sectors, such as retail trade, the economist was clear: “This week there was talk of the closure of 15,000 kiosks. It is tremendous. And it is not only for taxes or rentals, but because consumption collapsed. Before the margin was very small, but it was sold. Today it is no longer enough. He who had three branches stays with one. It is a very strong adjustment process that directly impacts family income.”
In that sense, he insisted that Inflation is not only a monetary phenomenon, but also a “state responsibility”. “The challenge now is that people have money in their pocket. We cannot have an economy where consumption is a drowning. When people cannot consume, everything cools, and there we all lose, “he said.
He also recognized a recent defeat in a tennis match and promised revenge. “The important thing is to continue playing, as in the economy. Sometimes you lose, but you have to go on the court again,” he joked.
For Zuchovicki, The Argentine economic challenge is no longer alone in large numbers. since he pointed out: “Today the macro is not discussed. The debate is how we make that tidy macro translate into a country where you can live betterwhere the one who works reaches the end of the month and the one who produces does not close his blind. “
Zuchovicki also addressed the role of means In the economic context: “There is an obsession for minute by minute, for the rating. Some complain about censorship because they do not receive a state pattern, but the truth is that today the real problem is that there is no pattern because there is no money. Everything is trimmed. “
Source: Ambito
