CFK: “Those mamarrachos say that the caste is afraid, what are they going to be afraid of if they were never at risk?”

Vice President Cristina Fernández de Kirchner reappeared at the Teatro Argentino in La Plata, where she said: “It is no coincidence that the only leader convicted, persecuted, proscribed and tried to assassinate was only one.” Those mamarrachos say that ‘the caste is afraid’. What will they be afraid of if they were never at risk? What are we afraid of, of where? Caraduras”, emphasized the former president in one of the hottest passages in her keynote speech entitled: “La Argentina Circular. The IMF and its historic recipe for inflation and recession. Political fragmentation and economic concentration”, in the presentation of the Justicialist School Néstor Kirchner.Y added: “Justice did not want to investigate those who wanted to kill me because they have political ties. I am afraid that my grandchildren will have to grow up in such an unjust country. That’s what I’m afraid of. I already lived and gave what I had to give. I fear for the young people, for the kids because there is too much cowardice, too much hypocrisy and this is what is happening in Argentina.” In addition, the former president referred to the exchange rate run that occurred this week, noting that “the problem is elsewhere, it is not the fiscal deficit, nor supply and demand.” In that sense, he recalled that during his governments there were “six runs in the first term and five in the second,” but no one found out: “And why was that? Why didn’t it impact prices? First, because the BCRA intervened in the administration of the exchange rate; something that could not be applied in the first days of this week because the agreement with the Fund prohibits the BCRA from intervening,” he said. In addition, because the BCRA had reserves. So, with the administration and regulation of the exchange rate, we were able to quell the exchange rate run,” he added. In addition, the Vice President pointed out that during her administration the pressure on the dollar could be managed with economic policy tools for not having the conditions of the IMF and said: “The problem began between 2016 and 2017. Argentina was the country that borrowed the most with private funds and when they could no more, they returned to the IMF. It was criminal what happened,” he said. Referring to inflation, Cristina Fernández de Kirchner criticized the IMF’s recipe and insisted that the agreement is inflationary: “I continue to maintain that the agreement that was signed with the IMF is inflationary, because it is a canned policy that applies to all countries. When (economic policy) tools are lost, inflation shoots up and the devaluation rate is asked to accompany inflation, in a country with a bimonetary economy like ours where the main cause of the skyrocketing of prices is the variation of the dollar. ” In that sense, he pointed out that “it does not enter the heads of the IMF technicians” and stressed that it is complex to understand, but that these canned policies of the multilateral organization “have not been successful anywhere in the world.” “It is necessary to review the clauses of that agreement. They say that in the IMF there are hawks and doves, just as here in the opposition. It’s hard for me to understand that logic, because I’m a penguin, hawks and pigeons fly alone, and we penguins are very collective,” CFK joked. At that time, the vice president referred for the second time to Massa by highlighting the decision to use the reserves of the Central Bank to curb the exchange rate run, something prohibited by the agreement with the IMF. After closing the event at the Teatro Argentino, the Vice President went out to greet the militants who listened to her speech outside the room and insisted: “Politics is not only to say but also to live: we must debate, we must go down to discuss, to fight for ideas, to fight for the Homeland, to fight for history and memory.”

Original source in Spanish