“There are people who refuse to look at the data,” he noted and understood that there is a deflation analyzing that “we have an induced inflation of 2.5%, which is given by the scheduled evaluation rate, the ‘crawling peg’and for the international inflation“. “We have a floor inflation of 2.5%, technically this month was deflation because the index was below 2.5%,” he celebrated.
In contrast to the basic basket index, he stated that “The number of poor people is collapsing, but the problem of measuring INDEC (NdR: poverty) is semiannual“.
He also stated that “I have a quasi-symbiotic relationship with Luis Caputo” and recalled that “No minister is allowed to talk about money with me“. In the stream Carajo announced that “we are working on different alternatives to be able to get out of the trap. We have to fix the stock problem of the Central Bank and we are negotiating a program with the IMF but at the same time with investment funds. In that context, we will choose.”
Also He stressed that the Government “did not touch the prices” nor did it “fix the exchange rate”in addition to highlighting that Argentina already has “deflation.” “We do not touch prices and we do not set the exchange rate. We had no reservations to do that.. At the same time we had debt with importers. The situation was complex,” he said.
The head of state stated that to achieve these results he had to carry out “a very complex clockwork exercise.” “If you look at inflation this month you see that there was deflation for the equivalent of 0.9%. They realize. “When I look at net inflation, in Argentina we already have deflation.”he stressed.
Milei reiterated tonight that His government “will enter the electoral year” in 2015 with “zero deficit and zero emission”as he had announced in the speech issued by national chain for the first year of his administration. And he confirmed: “As the economy grows, we will lower taxes.”
During CPAC, Milei had announced his participation in Daniel Parisini’s program. “I don’t go to streaming, but ‘La Misa’ has earned a place in my heart,” he said. And tonight, in his first participation, he gave a bust of himself to “Fat Dan.”
On the other hand, he maintained that “The most important universities in the world are discussing the stabilization program” that his government applied. “In the Columbia University “They are discussing the Argentine case, just like a university in Israel,” said Milei in statements to the TV channel. streaming Damn.
He President He also referred to his power dispute with the Kirchnerism. Along these lines, he warned that power is “a zero sum game” and assured: “If we don’t have it, the kukas have it.”
At the end he referred to the procedural situation of Cristina Kirchner and took the opportunity to criticize Macrism. “Me It seems to me that Cristina has to be imprisoned, but I am the Executive Branch, that has to be resolved by the Judicial Branch. I understand that Macrismo is sensitive to the situation because Marcos Peña kept Cristina alive because he wanted to polarize with Cristina to the point that Pichetto did not want to unblock her so that he was alive and well so he could polarize with Cristina and after that they rewarded him by being Macri’s vice president,” he said.
And he renewed his questions about the project Clean sheet, after it lost parliamentary status: “The Clean Sheet As it was, it achieved the opposite result to what was wanted because what did you want with that project? Don’t let the jets get in, don’t let the criminals get in, well the project as it is achieves the totally opposite result because you go to a fiefdom, you can compete with it and then They nail a case to you and give all the power to the judge and Justice is not independent. “It depends on the political power of the province and they left you out of the elections.”
In addition, he had glowing words for the South African tycoon. Elon Musk, whom he visited on several occasions since his arrival to the Government. “I had 3 formal meetings with him, he gives you between 7 and 15 minutes, if he gives you 15 minutes you are Gardel and then the first time we spent 45 minutes, we were on the tesla, It was incredible that the richest guy in the world gave us 45 minutes,” he said.
“That day he left and said wonderful things, such as ‘I wake up every day thinking what problem I can solve for people.’ My sister said ‘it’s pure Hayek’. Then he started talking about demographics and I am a specialist in economic growth. There are some stupid people who didn’t understand anything and it is a half stupid reflection that it is with or without money, but they are idiots. Everything has to be explained here,” he concluded.
November inflation slowed to 2.4% and accumulated 112% in the year
For the fourth consecutive month the inflation continued its path in the deceleration. Thus the CPI of November It stood at 2.7%, even below the October figure of 2.7%. While inflation accumulated rose to 112%, while the year-on-year fell to 166%, as reported this Wednesday the 11th by the National Institute of Statistics and Censuses (INDEC).
Seven divisions were located above the general measurement, among which are: education (+5.1%), dwelling, water and electricity (+4.5%), alcoholic beverages and tobacco (+4%), restaurants and hotels (+3.6%), transport (+3.4%), and recreation and culture (+3%) and health (+2.9%).
The smallest variations in November were observed in the home equipment and maintenance divisions (+1.5%) and food and beverages (+0.9%). At the category level, regulated (+3.5%) led the increase, followed by Core IPC (+2.7%), while seasonal decreased 1.2%.
The Patagonia It was the region with the largest monthly increase (+3.3%), followed by Greater Buenos Aires (+2.6%), followed by: Pampeana (+23%), Whose (+2.1%), Northwest (+1.9%) and Northeast (+1.8%)
Source: Ambito
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