The president Javier Milei referred this Tuesday to the end of exchange restrictions and assured that “the opening of the stocks is much closer”. In addition, he emphasized: “If they give me the money, I will open it today.”
“In reality, there is one opening of the stocks with silver and another without silver. If they give me the money, I’ll open it today. We are working as if we couldn’t get it. For To open the stocks without money you need the excess supply of pesos to disappear“, said. In any case, he did not give details about how much money he would use to open the trap: “I don’t want to be reckless, but I prefer that Santiago Bausilli answer that number.” [presidente del Banco Central]”.
The libertarian differentiated himself from previous administrations that also imposed exchange restrictions and explained: “What was the government of Christina [Kirchner]? It issued money and generated inflationary pressures. As these pressures translated into a deterioration of the external sector, losses of reserves occurred. And how did they respond? They established restrictions, a way of devaluing without touching the exchange rate,” he said and added: “It curtailed your freedom. The pesos you had were trapped. It increased the tax base of the inflation tax and broke your mind“.
On his birthday, President spoke with Alejandro Fantino during his program in Neura and he said: “I was working a lot. I had three meetings in the morning, then we had a small toast with the Ministers and representatives of each area. “Then I received the Chinese ambassador who brought me a letter for my birthday from Xi Jinping,” celebrated. However, he clarified: “I do not give greater importance to my birthday. For me it is just another day, it has no particular issue.”
Also in economic matters, the President stated that inflation in Argentina “It is 1% monthly or 13% annually”. The president explained how he arrived at that figure: “As much as CPI It is 2.5% and we are already in induced inflation. There under the crawling peg and if there is no money overhang the stocks are lifted. When that is going to happen does not depend only on us, it depends more on the money demand decisions of individuals.”
University conflict: Milei stressed that the Government “won the battle”
Regarding the political present of the country, Milei stressed that the Government “won the battle of the universities”because “85% of people want to audit them.”
“When the issue of the universities started, it emerged that 90 percent were in favor of the universities and 10 percent in favor of us. Today we are 50 in favor of the universities and 40 in favor of us. We fought the battle of the universities and we won, 85 percent of the people want to audit them, which is what we proposed,” he said.
The President also referred to next year’s legislative elections and anticipated that “Jose Luis Espert is going to sweep the province of Buenos Aires. I have no doubts”. At the same time, he remarked: “If you look closely, today We have a voting intention of around 45%even after having made the largest fiscal adjustment in the history of humanity. We have inflation going down, activity is recovering, real salaries and pensions are going up. Poverty when we arrived was 57% and today it is at 49%… So far in the Government, we have reduced poverty eight points. Both to [Luis] Toto Caputo and Sandra Pettovello have to be carried on litters.”
Javier Milei assured that he crossed Cristina Kirchner to “explain that she is ignorant”
Finally, the President spoke of his crossing with Cristina Kirchner on social networks and maintained that he confronted her to “explain that she is an ignorant person who does not know about economics“.
“There are things that for me deserve to be discussed. She makes a point about inflation, LeFi, LECAPs… To me, this statement helps me explain that she is ignorant, she doesn’t know about economics and that the only thing she did was break up the country. And at the same time they allow me to explain the achievements of the Government.”
The crossing with the former president began after the libertarian said during an interview that he would “love to put the last nail in the drawer of Kirchnerism, with Cristina Kirchner inside”. The candidate for president of the PJ responded and unleashed a long exchange of messages discussing economic points on social networks.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
