Milei: “Despite the adjustment, people have hope and see that there is light at the end of the road”

President Javier Milei delivered a speech at the closing of the Forum of Latin American Economists at a downtown hotel in the City of Buenos Aires. There, he reviewed the main points he made during the first 100 days of his mandate and emphasized that “there is hope for the future of the country” because “the people woke up.” During the first part of his speech, the president took aim at “populism” by pointing out that: “Argentina has lived for more than 20 years in a savage populist regime, which has led to the destruction of capital, of productivity. That’s why we’re in a miserable situation.” In that sense, he maintained that the inheritance received “was very complicated”, but that “the boss” – a nickname in which he refers to his sister Karina – told him that “if we won it is because we were in a disastrous situation”. That is to say, for him, if a libertarian comes to power it is because there was a complicated situation, “otherwise a populist won,” he said. As for his first measures as president, Milei stressed that “the fiscal adjustment had a lot of chainsaw and blender,” and he also felt proud of “having eliminated public works, because it is a great source of corruption and theft.” Then, he mentioned that within the adjustment plan, the government eliminated “the transfer to the provinces”, as well as the dismissal of 50,000 public employees and also advanced that “more contracts are falling and 70,000 more are going to fall.” Along these lines, the president highlighted the elimination of intermediaries between those who receive a social assistance plan and the State, and pointed out: “The apes, and I apologize to the Humane Society for insulting the apes, but those apes criticized Minister Pettovello. We put an end to the middlemen and that led to us doubling social assistance without putting in a single peso.” “We started to tidy up the street and we started to keep order. Today, those who cut don’t get paid, and those who do them, pay for them,” Milei said.
Milei pointed out that his policy on social matters “put an end to the Belliboni of life who kept half of the social plans and on top of that the people had to work as piqueteros.” Now we have finished with the intermediation and set up a complaint line through which we receive about 300,000 complaints and there are 18,000 open cases,” he said. Regarding inflation, the president said that despite the “hyperinflation” left by the previous government, with its adjustment plan it is managing to combat it. “The real inflation in February was 7%, we’re putting the inflation rate in the single digits. In the third week of March, the sum of prices slowed down, we are walking in the right direction,” he stressed and then added: “Today prices fall faster, the inflation rate falls faster than in convertibility.” “Today the free exchange rate does not show a gap, if I take the exchange rate of the Central Bank, which is the reference, and multiply it by 17.5%, which is the country tax, I would be around 1060, there is no gap,” the president added. In Argentina, public education, that is, both private and state-run, has done a lot of damage by brainwashing people,” Milei said.
What will happen to the trap and when do you plan to open it? The president said that they are working on getting out of the traps, but for that, they need to get rid of the “remunerated liabilities,” which he described as “something disastrous.” “At the same time, we are working on a reform of the financial system to go to an integrated system with the capital market and build a bank that is anti-run,” he said, for this, he mentioned that “it is important to have a financial system that does not ultimately need a financier and to have free banking,” and added “that will allow us to be able to lift the clamps.” Milei mentioned that the government’s idea is to send to Congress a “law of no money issuance,” since monetary issuance is considered “a crime, a theft, a counterfeiting and a scam.” In that sense, if there were to be a money issue under that law, “the director of the Central Bank, the president, the Minister of Economy, Deputies and Senators who have approved budgets with a fiscal deficit would be imprisoned,” and he continued: “We are going to give it a condition as if it were a crime against humanity, so that the money issuance scam ends in Argentina.” Milei said his government is moving forward with reforms “despite politics.” In that sense, he said that “politicians do not want to give up their jobs and seek to maintain their privileges, and that is why they made the DNU fall in the Senate.””We know who the criminals are, those who are against the freedom of the market and the freedom of individuals and do not want to leave their jobs to return the money to the people,” said the libertarian president. Then he added: “In three months we end up taking the mask off these criminals, and it’s not going to be free in the midterm vote, they’re going to pay them with the votes, the criminals are going to be left out. And that’s going to allow for a new restructuring of Congress and make a much better election than the one we did last year.” He asserted that “70% of Argentines are convinced that we are going to defeat inflation.” He pointed out, about the end, that “people have hope, they see that there is light at the end of the road.”
Original source in Spanish