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Rodolfo Santángelo: “The universal basic salary is a lot of nonsense”

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Rodolfo Santángelo:

“Since there are no reference prices, inflation in July could be 7% or 8%,” Santangelo said.

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Economist Rodolfo Santángelo once again criticized the proposal to implement a universal basic salary, as requested by Governor Axel Kicillof and proposed by Cristina Kirchner, deeming it impracticable in the current scenario. “The universal basic salary is capital nonsense”he pointed.

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Santangelo was adamant that the measure would materialize: If what is proposed comes out, we go to Wednesday. It is of such magnitude as to overcome the illogicality of this model “.

In a dialogue with Marcelo Longobardi, on CNN radio, the economist assured that the proposal “is a great nonsense”. A few hours earlier on LN + he had commented that this type of proposal are outlined by figures who “are not in government”and found that those who perform institutional functions “They must have some common sense.

In this sense, he indicated:“I think the responsibility of Minister Silvina Batakis will be to stop”.

However, he said “the problem” is that Axel Kicillof and his close group are convinced of the move. «They believe that with this the economy will reactivate, they do not understand the role of inflation. And it’s inflation that makes adjustment the hardest, ”she added.

Inflation

As there are no reference prices, July inflation could be 7% or 8% “, condemned in dialogue with Marcelo Longobardi, by CNN radio

Hours earlier, in LN + he had warned that the country is in a worrying inflationary spiral. And he assured that, although it is not possible to compare with the Rodrigazo of 1975, the hyperinflation of 1989 or the exchange rush of 2001, if sees points of comparison with the fall of the Southern Plan during the rule of Raúl Alfonsín.

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Source: Clarin

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