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Construcción Plural - Programa 1172 · Construcción Plural - Radio Trend Topic

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Plural construction, the renowned journalistic program of political analysis and current in its twentieth
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season, with the leadership of Fernando Mauri and a team of prestigious analysts.
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Listen to it on radio train topic tar, but good afternoon. Here we
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are starting a new plural construction edition. We' re good at starting a
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new edition of flower construction at the end of the week. Well, we
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' ll be listening in a little while to the audio sent to us by
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the economist Replicorne, which, unfortunately, we couldn' t be live,
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but we' ll have this for these audios that we like so much that
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we implemented already before the pandemic by Whatsapp and also in a little bit.
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I don' t think he' s here yet. We' re not
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connecting a little bit to Dr Juan José Goresti. Quiet, Quiet We have
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for quiet minutes to locate Watkips Discorde that will say good, that sees very
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far the departure of the stocks and that the inflation of July will be around
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the one of June, that there will not be much difference, that July
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is a heavy month, but that auguran from seiste economic advisers whose directors Camiloto
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and cornet A María and Ricardo Castillioni a decrease towards the month of August,
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so that would be two months of government. Some little ass will have to
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be confirmed. This will not have to be confirmed in July. Indeed,
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it is more than four six June. We came from May 4nd and that
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' s why there were four tops up in the month of July to give
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a very nice evening review on TV. Luckily, and after almost ten days
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I went out for a run again. A little while ago. She had
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a quick hole and she' s very pretty 20 degrees. There' s
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no nice afternoon winds. That one for walking a little with childhood children in
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the middle of winter, like to my house, a little while with Valentina
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Mauri, who has the backpack armed for Monday back likes school. The problem
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in the early mornings, obviously like so many boys, but it missed the
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sociability of the comrades. Well the nation more than says forty- two days
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and in loan eight detainees and no certainty, a case that was diluted in
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the covers of the newspapers, especially today' s. For example, if
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you review the main front pages of the newspapers, anti- government protest at
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the vine near the U S Embassy. Chronicle you those Channel twenty- six
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chronicle TV nurse. I hope Caileaba is innocent. The list of suspects grows,
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the power of sight and the accountant. No. Forty- two days,
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two hours, two minutes, forty- seven, forty- eight,
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forty- nine seconds c five n the invisible hand of the market. Arganca
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Argentuela, the tank of the afternoons Mamita and with a photo of Toto Caputo,
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who spotted the best director of the Monetary Fund in history. He talked
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about the Bulgarian. He' s taking it. How do the milleists have,
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not Caputo, which is one of cabotage. I want to urge Miley
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how they have her on this subject, not the best managing director ever.
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How they like not everything always raises the bet, it is always in the
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pacada and to to play to point by amile is the best minister of history,
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Petoblo, the best galactic minister of humanity. And so not all paid
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that the wind takes away. Many mothers sold their children. Here' s
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the key, not something you don' t talk about much that I just
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have to say. They' re talking about the 24th. Unfortunately, especially
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down missions in northeastern Argentina. It has been common for decades, unfortunately,
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to sell children, parents, relatives of parents. This is, unfortunately,
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common. Not much has been said in the media. Not this issue as
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trafficking and where or there is complicity, police, judicial, political, etcetera,
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etcetera. Or there is something assumed naturalized of Tene Tramp tried to lunatic
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radical ras the Harris Chamber the indo also hopefully that comes the step on the
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5th of November. What joy would be like one who left Baylen' s
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triumph, not for Baylen, but because Tramp pierra the same in the case
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of Trumps and arriving at carcom cameras Garris that pleasure that would be good the
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walks of toto read there is a note in cerital that speaks of that the
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interest that the Bank gives in London focusing on the East Gold, that they
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took this incognito from below the Table, gives three hundred and three hundred and
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four percent annually, a return that hardly would flow the gestures of logistics to
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mobilize the Gold, with which toto there is. This is very unserious,
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as Alejandro Peiru told us yesterday that this is a mixed government of ideologues and
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business. Well said by Feiro yesterday comes tomorrow to the opening of the Olympic
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Games in Paris. It will be worth seeing because it will be with rafts
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over the river Seine and today, at the top of the newspapers, it
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had to do with late shell. Not this height as high as, but
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well, if I' m a little overturned the case, they' re
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loaning except concordance. As for the closures that come in organisms by the liberalizer,
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he is sweet and summons, winner and once again rule defeated. Ki
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seems to be a subject re- speaked on Twitter by our millionaire judicial columnist.
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It' s more of a management issue than a technician, but,
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well, I don' t know if it' s time to do anything,
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but some decision- names that take river I say to the technician.
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I do not know the international people thus divided between the god to, Vaien
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' s candidacy and hope for the mature end in Venezuela. Sunday is voted
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in Venezuela and it is very important to put Phinica. Accept it we talked
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about here with Lole during the week and others that Maduro accepts the broken one,
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as it is going to be apparently painted, very flagrant. Well Maduro
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ends up accepting it, in return, determine nothing immunity and so on,
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well there goes a little bit to the agenda. I' m going to
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update to see in pobade Once again, it seems to me that the problem
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to connect with good Wharest you have to tell them to see infoba this now
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to see free donating. One thousand four forty- five falls five pesos that
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I' m not mistaken for risk. Country go up a little bit.
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It' s about 1, 500 eighty- nine. Counted with liky baha
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a point and peak one thousand three hundred thirty dollars. It goes down minus
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a thousand point. After twenty- seven meetings in the Senate and away from
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the broken house Villarroel will maintain that she is the President of the exercise,
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for the journey from Milay to Paris. When on a President' s trip,
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he will keep a bass for the fil while Milley is in Paris,
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the Vice President who is in charge of the Executive, because today is the
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first mantraste in Paris. He had work meetings in his office. They don
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' t have big public events, they don' t have public events scheduled.
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Until Sunday when he shared sceneri in the rural, a stage that he
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has already visited informally. This yesterday, which I think was yesterday Villa Ruldiso,
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rural Pifa opened an investigation among the residents of Argentina, one Morocco,
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two at the Olympic Games the daughter died. Unfortunately, we have Ricardo López
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Murphy' s disease. Georgiva met with Caputo and chose Argentina' s strong
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performance in the fight against inflation. But the bottom has a decade and a
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sand and is very diplomatic. Not justice in Neukentic you a warlock who suspends
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the application of profits to the local state today these chuquinos. Watch this.
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It' s a good subject. I' m gonna kill you, Piglet.
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That' s how he lives in prison accused of murdering Catalina Gutierrez.
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This is the influencer Cordobesa, volunteer, theatrical and economist, who was Alania
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López Murphy, the daughter of Miley' s national deputy, arrived in Paris
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to meet Macroni, witness the opening of the Olympic Games or work in the
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government. They asked Adrián Luque, president of Argentine trains, who, if
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I am not mistaken, was my well- effected Leist of the Academy of
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the poor purchasing since the fifteenth month that begins to use the credit card that
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some merchants said who control the future of artificial intelligence. Sam Altman' s
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published column he created just from all this in im in the middle I'
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m reading. I tell them to repeat the home of and a phoba salmar
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hand also made is a column of there hundred post that raises and focus good
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to see we will do some low throw with guarest, which is usually complicated.
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I don' t know what happens to see, to see what we
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do. Let' s see, let' s order a little bit in
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a minute. In any case, to rearrange ourselves, we send tandar.
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I love them because we have a little tandar like this. I happen to
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them some music eventually, I remind you of the production Quiet as well calm.
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Let' s go with yes, yes, yes, I know we
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have perfect tights to see Let' s go to Tanda, let' s
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tandar. I tell you after so much, let' s put on a
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musical theme that I' m going through whatsapp there. Right now, we
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' re following a little more of whats you in Tanda. If he'
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s not there, we' re going with Ticornia and while Ticornia is there,
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we' re looking for him Wai okt has a little order. Yeah
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and we see Gambina, no, we' re not going to, but
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we' re going to reiterate loden a little bit of production to see if
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they' re watching. I' m going to Tanda. We put that
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musical theme that I passed them through Whatsapp glued to Tanda. Take it easy.
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In the meantime, we' re looking for Wareste. If Warest'
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s gone, let' s pull Pontiscorns. I introduce him and when he
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' s on the air, we' ll look for a new Wharetti.
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For the last time agreed. Well, I' m going to Tanda'
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s music back and that' s where we decide if she' s going
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to Wharest and if she' s there or we' re going to Tiscornia
10:00
and if not Watt. When it' s Testicorneo, we' re still
10:03
looking for Juan José de Goret, who was killed by Yaula. We remind
10:13
you that you can find us on social networks, on our website, where
10:18
we extend our journalistic work. We met on Twitter under Nick Arroba. Approaches
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on Instagram fer m two thousand twenty- two. Firm de Fermaury two thousand
10:28
twenty- two and as always where we upload audios of the program analysis of
10:33
columnists specialists, our website adds approaches blogs com ar sos fan of beef in
10:46
Argentine meat and will find the best tips, tricks and recipes to prepare the
10:50
best meat in the world and enjoy it with family and friends or w s
12:09
SO or the N o wat FA o O o S o s b LD
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are good, very good, very good. There we have a very nice
13:46
musical theme called lost an fon, something like lost and found finding, which
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is the topic of Lolita research. I' m not looking for it,
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so I found it in flow. Have one against you, Mr Pirate.
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Family members, there of faber tel and who premiered it in Europe, Europe
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a couple of years ago and a series the truth that involves very pretty,
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what has less of police, but rather humanistic. It' s a beautiful
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portrait and a city of Italian that I don' t know at all that
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is bry I hope it looks very quiet in Buy Lindas and I recommend that
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series the integrations of Lolita. I' m looking for him by a forty
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- fifty cop who, unfortunately, wasn' t going to talk about the
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end of the leg. Once again, we cannot find it bad luck,
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but we will now be listening to a little economy, as I said,
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and also referring to the reference to inflation with a Tiscorn camillo. In a
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few minutes, after these minutes I' m going to take myself to go
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over a little bit of the current. We saw TV signals, we saw
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infoba that we used the chose a little bit to summarize the current, we
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will give you to design the country of Madrid. We do a little outside
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to give the new fulfillment of the judiciary will on Tuesday president among seven magistrates
14:58
of the Supreme. We are talking about the Supreme Court of Spain, the
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parliament that this is the Parliament of Catalonia, there in Barcelona and also approves
15:07
a new regulation that allows the remote vote of Pugemon Bayern in ntañahu the premier
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Releae try to advance towards the ceasefire in his meeting in the White House and
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good and out there, out there the most important titles as long as we
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say there are the titles of tene, as Trump attacked Chamber Harris and until
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the first campaign spot of Chamber. Harris too and also Camalas has been a
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couple of speeches. They will not be describing, as I say, within
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a few minutes, six minutes, with Camilo Tiscornia, who is gragon esti
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for next week, among other voices. Let' s go over a little
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bit more current in the meantime, to see well not to walk, I
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say to the production. This isn' t journalism to see we' re
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not going to use ganguina, we' re just discorne ok, we'
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re just ticking, because it' s cambino. I think it' s
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actually last week, and I don' t know if he split a bit
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of self- ality, but I didn' t send this week. So
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nothing. Jujito Gonzales revealed details of his date with Miley yesterday. I find
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it attractive and expect the second invitation after the colon the return of the nineties
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to try to targ the male of the pampas, as is Millay. The
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issue of the one- way is hyper worrying, not this one hundred billion
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funds reserved for the ide handled by this monotributist, who is this junior cap.
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The truth Santiago Caputo has a power, but of course he has no
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responsibility, because he is monotributist, so he has no posility, he does
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not sign anything. Well the truth is that these are things in the middle
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of the digital task forces, of Milay, of the Dani board and all
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that drag today I have said some colleague, Martín Rodríguez, with a bonus
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and seven cases on radio, with you in the pass that you notice there
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with something, a little cocaine in some of his tweets. Well, there
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may be, but I mean, it' s an army. I say
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to watch digital, just as we have an analogue, to an audiovisual six,
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seven, eight, very rudimentary on public television, on channel seven,
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just call real public telletion, party tellusion. At the time of the kitners,
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we now have this troll band that Adorni denies says well, let'
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s lower a change. The sad isn' t that important and the owner
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lives, lives traveling and lives on Twitter, so this one we don'
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t do to him. Let' s make it the Twitter game, when
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the almost nodal axis of construction and communication and also Miley. President. It
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was said here by our summons to be Alejandro Peru, our columnist, said
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it two or three exits ago. So about a month. The only one
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who left with the public, his forty family and through networks and did very
18:00
well. And the rest of us have nothing to say. The others are
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Burrie, the netta very little tiktok and let' s manage it well.
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Well, that' s the capital. He hospitalized Millaye to get there.
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It' s a global phenomenon like the ultra right. Take and use a
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lot with Fay Neus or talk to bullies. Thousand law is the king who
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faiths Neus. When you lie all the time, from inflation down. Well,
18:22
Pega, Pega because the truth is that, unfortunately, youth are disbelief
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in politics Everyone is believed. But far from you, you buy the titles,
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you don' t buy the titles, there' s no denials,
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lies, you don' t dig deeper, you just read a title that
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says a couple of lines ago. Well, that' s where the noise
18:37
comes in. I say it' s going to be caputo this junior,
18:41
junior capotito, when I' m not eating. I' m talking from
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Santiago about when he got off the mountain range, about this whole army that
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has people on the side of business. Yesterday Alejandro Beiru said well, this
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is a government among ideologues, that is, a lot of ideology and business
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and it is to do a business. Let' s see what we said
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about Venezuela, let' s hope that the dictatorship of ripeness will end.
19:04
And I think it all looks for itself, because the broken one is going
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to be very strong and there' s no way. We talked about it
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with the ole in the week, not in a way to manipulate a comicio
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when, when it' s even, it can be, but when you
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go for the p bowling, it' s very difficult. The genta'
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s been driving it. We said the case. Loan there reiterated what I
19:23
told them when passing, that it is a subject that does not have so
19:27
much sleep since it is having some political border, because the provision of the
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governor of currents and vessels, his poles, his disasters, lock to where
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he can know more of the case what they told me, Fernando, this
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is a normal and naturalized thing for decades, at least three days inside many
19:45
missions with babies who give themselves to porteños to this Paraguayans for money. Obviously,
19:53
the subject would have to be seen as in the inscription, the legalization
19:56
of the collection of this type. Well they' re sometimes involved in justice
20:00
or medical actors families who have five, six and seven, eight nine.
20:04
I do not know how many children and, yes and, unfortunately, the
20:08
worst fact that they will actually live a better economic or socio- economic,
20:12
cultural socio- economic life. In Buenos Aires it is an association of Paraguay
20:15
as illegally adopted that what if they come with their parents who have so many
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children that well, do not ask me if the business is to have children
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or if they have so many children that one, plus one less nothing.
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But I say this is so naturalized. There is complicity or naturalization according to
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how we see and according to each case between family of minors who are handed
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over people who obviously pay for them, political power, judiciary, police power,
20:45
etcetera, etcetera, etcetera. So I don' t understand why many
20:48
media don' t go this way, it looks like this guy' s
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appearance would have been or to see. This doesn' t throw away at
20:53
all everything you' re seeing, the gang- raiting juberatura and the boy
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' s found. I wish, I' m not, obviously, being
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anything against all this. What I mean is, it looks like they'
21:04
d have landed a flying dish of currents, and we have to cover it
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with madness and piecework for forty- fifty days. How' s forty-
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two. I think it' s good. It' s actually a little
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bit, but this is what the media isn' t counting, something already
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naturalized. It means we don' t have to cover this case. Yes,
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we have to cover it up, but say a little bit about the
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historical context of what we are seeing. How with this psychologist, unfortunately,
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well, we also talked with Carlos Fara about the differences between today and is
21:33
presented between Commando Villaruel and President Millay, different games. Obviously, the Milla
21:42
de Terror statements, Afantin Moya, all the guaras das. How you can
21:45
tell he doesn' t have a son. No, but well you have
21:47
a son and he' s educated and everything that affects the son is plague.
21:49
The son is not going to say bad words and rudeness and references to
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sex Old the Time all the time, as now Miley, Well, after
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saying it, the pesto wanted me to lower in January all series of inventions,
22:03
this Javier Miley, economy with markets a little quieter. But to see
22:10
the gap is still there not up forty percent, since it is not an
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achievement either for the government that the east one thousand four hundred forty- five,
22:15
the month in one thousand three twenty- eight and the plataboli one thousand
22:18
thirty was stopped for now. The high gaps and the rich country back to
22:22
the edge were now stopped, rising a little bit almost zero seventy percent in
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one thousand five hundred eighty- nine thousand six hundred, which is very high.
22:30
Always with the possibility we will see whether or not real Tour is replaced
22:33
to silly capoint to future. We will see, I think it has the
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end point of Milay, because it has the ending with a what you call
22:41
to be competing one will be very bad for the country and it is very
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bad for the sustainability of the Miley government with the backward change that is maintained
22:48
with an adornment that has already said it. We don' t care about
22:49
the value of the dollar and we take care of the country risk. Well,
22:53
seeing there' s a point where he gets funds with this issue,
22:56
as we said about the Gold, with this, the issue of funds,
23:00
of prescriptions for the troll army and other intelligence that is Villaruele the first one
23:06
who knows that intelligence will follow her, with the campaign of the United States,
23:10
with the selections in Venezuela, from the tempted in tetomicide to Trump,
23:14
which therefore goes JoJo Camala to live to pass Camalo, obviously, with the
23:18
travels of Miley and so on and asks Tenes and Michelle. We' ll
23:25
still see good. We are going to say goodbye then with the audio of
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the economist Camilo Tiscornia, director of Seite de Asesores económicos columnistas in our program
23:32
and we will meet next Tuesday here at two o' clock in the afternoon
23:34
with Silva to work in the preproduction, Juan in the setting, in the
23:37
air and much more. We' re meeting again next week Good weekend for
23:41
all of us Thank you very much. We listen to Camilo Tiscornio, director
23:45
of Seite Economic Advisors, our collaborator Hello Fernando How you leave I am Camilo
23:53
Tiscornia to analyze the economic scenario. Okay. We are going through, as
23:57
the President said, phase two of his programme, in which the Government is
24:03
trying to consolidate this brake on money creation. Essentially, they are aiming a
24:11
lot at that and where, according to the latest publications of the Central Bank,
24:18
they are going to work in some way with a kind of double instrument
24:22
of control of the monetary and exchange rate. On the one hand, they
24:26
will apply a rather traditional scheme that is based on the control of the amount
24:33
of money regulating the evolution of inflation. For this, the Central Bank published
24:40
in the last few days that they estimate that there will be a recovery from
24:42
what is called the demand for money, that is, that genuinely the economic
24:47
system would need more resources for the level of transactions that are being done,
24:52
which is quite reasonable, considering that in recent years this has fallen a lot.
24:56
To say, it may seem contradictory that, with such an issue,
25:00
one should say that there are few resources in the economy to make transactions.
25:04
What happens is that this has to do precisely with inflation, that is,
25:07
eroded inflation. The value of the amount of money in terms of purchasing power,
25:14
which is relevant and has dropped quite low values. When you see it,
25:18
this is usually seen as a proportion of the GDP and it is logical
25:23
to think that there is some kind of recomposition to the extent that there is
25:26
a drop in inflation. Well, this is what the Central Bank anticipates is
25:30
going to happen and, depending on that, what they are going to do
25:33
now is to regulate the creation of the amount of money to accommodate that evolution
25:37
of demand. What is the objective of this to try to reduce inflation by
25:45
the connection that is usually between monetary issuance and the prices of an economy.
25:48
Inflation on the other hand this strategy is to continue to control the value of
25:56
the dollar at two percent per month. The official pain as a way to
26:00
favor that convergence of prices at the level that is being sought. And there
26:07
is a third leg that has appeared now recently, which is the possibility of
26:10
intervening to try to narrow the gap. This is another tool that the government
26:15
has now decided to use and this, let' s say, is quite
26:22
conflicting because, in fact, the Central Bank has negative net reserves, that
26:26
is, it doesn' t have enough dollars to go through these operations.
26:30
The Government obviously believes that maintaining the leghold trap has room to do so,
26:36
which also gives us a pattern that it seems unlikely that the leghold trap will
26:41
be removed in the very short term. And this is also reinforced. On
26:45
the other hand, the President has said that he, in order to lift
26:49
the stocks, wants to reach a close inflation, at zero percent. It
26:52
should be made clear that this refers to what is called core inflation. Apparently,
26:56
everything the President has said, which is the one that leaves aside issues
26:59
that have essentially to do with public services and seasonal products. It does not
27:04
mean only inflation of goods. Services are also included but are not regulated by
27:10
the Government. So, in this perspective, this is also when you see
27:15
the inflation data for the month of July. We have not yet closed it,
27:18
but it is true that there has been a fairly strong increase in food
27:22
and drink in the first part of the month especially in the part of fruits
27:26
and vegetables and some meat. It also gives the feeling here that the subject
27:30
of low temperatures and frosts complicated the supply and this caused price increases in these
27:34
items. In the third week of the month we have seen a fairly important
27:40
moderation with casualties in some areas, which shows that it has been somewhat transitory.
27:45
Now, in this perspective, we believe that this month' s inflation,
27:48
which also always includes the entire peak of the winter holiday part of tourism,
27:53
we believe preliminary that it may be similar to that of June. Usually,
28:00
the July infection is usually higher than the June infection. For this theme
28:02
of seasonality of tourism, I believe that this year they can become similar.
28:06
Perhaps it may be a little higher, perhaps a little lower, but at
28:08
the core inflation level, which is precisely what the Government apparently pays the most
28:12
attention to. In our estimate we have not seen more change than in June,
28:19
which we see about three percent, that is, for now it is
28:22
above what the government has as its short- term goal, which is that
28:26
it converges this inflation at two percent, which is the pace of its exchange
28:30
rate and then eventually a inflation of zero directly good. This is what seems
28:37
a little distant at the moment, and in the meantime, obviously, this
28:44
disparity between inflation and the movement of the official exchange rate renews all this expectation
28:48
that the exchange rate is behind. This is manifested in the widening of the
28:52
gap and this is why the Government is taking these measures to try to contain
28:56
the gap. This is going to be the push that is going to be
29:00
seen in the coming months with great attention, very probably because we are in
29:04
the part of the year where the least income of dollars is seasonally beyond the
29:10
perspective that there may be of the foreign exchange arrears. And against this,
29:11
the government is going to count on money laundering revenues that are going to start
29:15
coming up soon and probably some investments related to this investment regime that was approved
29:22
along with the basic law. So, of course, all this shows that,
29:26
for the short term, it seems difficult to get rid of the stocks.
29:32
There' s going to be tension in the breach part. We believe
29:34
that inflation will continue to fall. August is probably much better in terms of
29:40
inflation. It usually is because seasonally the peak of tourism passed, but it
29:44
is very likely that these monetary conditions that the government wants to generate will end
29:51
up lowering inflation and there we will see if the government can thus contain the
29:56
expectation of evaluation and, in any case, reach the summer, where it
29:59
begins to seem more offer of dollars for the harvest. Of course the risks
30:02
are there. It will have to be seen whether the government can control this
30:07
situation, counts its favor, especially to maintain its monetary policy, with the
30:11
fact that the fiscal superhit is quite entrenched and is going to be reinforced by
30:15
income from the profit tax, by income from laundering and surely when it spends
30:19
the winter by more tariff adjustments, thus we believe that the government has room
30:25
to move forward with its policy. Obviously, this is going to generate tension
30:30
because the level at which the exchange rate was left is not comfortable. So
30:33
the question is to what extent the Government can go ahead with this or whether
30:37
it is desirable eventually and it would not be better to directly provoke some kind
30:42
of exchange rate correction. Well, these are the things the government is going
30:45
to figure out. This absolutely denies it with which, as it really has
30:51
fiscal margin for monetary control it has, there are chances that it can go
30:55
ahead with its scheme. Obviously I insist in a context of tension and that
31:00
probably complicates the recovery of the activity