With strong criticism what he called the red “analog” circle.in which he included political leaders, business leaders and economists who supposedly “don’t see” the change taking place, Javier Milei defended the economic model, in which he included a “stabilization plan” to defeat inflation, rejected that an increase in the rate of devaluation is expected and confirmed that this week There will be thousands of layoffs nationwide.
The head of state was the latest guest speaker at the “IEFA Latam Forum” which took place on Tuesday at the Four Seasons hotel. He arrived accompanied by his sister Karina and the spokesperson Manuele Adorni. was greeted with applause moderate by an audience composed mainly of energy industry executives from different countries.
The journalist was the moderator of the event. Cristina Perez, partner of Minister Luis Petri (Defense), and who had anticipated the arrival of a “special guest” to close the day. Over the course of a nearly 50-minute speech, Milei explained his profession as an economist with many passages of technical language and references to academics such as Friedrich Hayek or Keynes; He questioned the latter in a joking tone, prompting laughter from some of those present. “He went into finance and failed like a mouse. He had to go and ask his father for the ‘spittoon’, who was a friend of Marshall (he of the post-war European assistance plan)”, he lashed out.
At all times, the head of state has defended the ongoing reforms that would seek to put an end to an unbalanced economy “due lived for more than 20 years under a ferocious populist regime” that, according to him, “This has led to the destruction of productivity and that is why we are in an absolutely miserable situation.”
At the beginning he once again explained the legacy received from Kirchnerism, but argued that “we were almost always ready to receive this ‘hot potato’. If we had not taken quick measures we would have been blown up several times”, defending the shock . policies implemented since last December…
One of the organizers of the event, Franco Owner, a former CIA agent Having become a businessman, he previously praised Milei’s reforms. Jose Luis Manzano was one of its main sponsors.
The President has set the conditions for eliminating these restrictions, “the reorganization of the Central Bank and a financial reform” which would aim to move towards a “free banking” system.. He argued that once “the free exchange rate” was adopted, it would be combined with “currency competition.”
It was within this framework that the president He denied that this will encourage greater depreciation of the peso. Focusing on the inflation slowdown, he stated that “I find it very funny who asks to change the pace of the devaluation rate. Today the free exchange rate has no gap” compared to the rest of the contributions influenced by the country’s tax. . “If the market won’t do it (to devalue), why will I?” he asked. and accused the “brute economists” of trying to “determine the price of something”, in this case the value of money.
While again attacking the “politics” that prevents him from approving reforms in Congress, He focused his anger on what he called the red “analog” circle. which he described as a sector that does not adapt to social and economic changes. It included opposition leaders from the “helicopter club”, especially those cited by Kirchnerism, but also linked the alleged rejection of “change” to Clarin Group to whom he addressed a veiled criticism. “There is a saying that says that where there is a Kirchnerist who kicks, that’s where a job has been cut and also the non-Kirchnerists. Otherwise we see some other important group… angry because Elon Musk has arrived” and his satellite Internet company, he said.
He appreciated the minister’s management Sandra Pettovello for having concluded “with the intermediation” of the social plans and recalled that “we have established a complaint line for which we have received around 300 thousand complaints and there are 18 thousand open cases” against the leaders of the piqueteros.
Despite the criticism, defended the elimination of “public works” and other aspects of his adjustment plan which, he admitted, He has “a lot of blender and a lot of chainsaw”: He indicated that “we have already eliminated 50 thousand public positions and now we will eliminate another 20 thousand, up to 70 thousand”. Those numbers they are not real according to its own government officials. (see page 4).
In the end he expressed hope in the success of his model and made public the results of a survey which showed that 70% of those interviewed, despite being in worse economic conditions than before his inauguration, recognize that “we will defeat inflation “. In this sense, He assured that “people have hope even if they are going through a bad time today, they have understood that populism leads nowhere.”“and was enthusiastic about winning more seats in 2025 “to implement the 3,000 missing reforms.” And he concluded with this “Argentinians already know that we will be better, because that future is liberal.” This time there was no rallying cry – “Long live fucking freedom” – and he was dismissed with the loudest applause of the night.
In front of the head of state, the governor of Neuquén spoke on a panel on energy Rolando Figueroa, which has in its territory the “pearl” of the sector, Vaca Muerta. That segment was moderated by Apple treeformer menemism swordsman converted into mining and media entrepreneur.
There were few political leaders in this business forum. The deputy was there Lilia Lemoine but also the former Minister of Science, Linen Baranao, who was critical of the chainsaw used in Conicet. “The dismissals are carried out without criteria and there are already young people thinking of emigrating”, he underlined.
Source: Clarin
