Latest / Construcción Plural - Radio Trend Topic / Construcción Plural - Programa 1147
Transcript
- 0:01Plural construction, the renowned journalistic program of political analysis and current in its twentieth
- 0:07season, with the leadership of Fernando Mauri and a team of prestigious analysts listen
- 0:15to it on radio train topic. Our President was born in Argentina, Dr
- 0:24Rabiero Mirey was the Hello Presina. To all there is no stabilization plan,
- 0:41not good, but the delay to change. There' s a problem with
- 0:44currency exchange here. It is impossible to achieve the zero deficit in the twenty
- 0:49- four thousand. Good. It' s very little speck. Raya is
- 0:53a lot of equator, but you' re not liberal. There were taxes
- 0:58as well as not, but one more three hundred and sixty- five times
- 1:03was known and gives me three sixty s. It can' t last if
- 1:06there' s no video and there' s not you who invited me to
- 1:10be Federo day you noodle cotuco. They want to know how the economy is
- 1:11going to grow, it' s going to go up like fart bus.
- 1:14But there' s no anchor. Well, because there' s no comprehensive
- 1:17plan. But you should set the path. This is not a liberal government
- 1:22because it did not release the drug. Not because there' s a changed
- 1:25appreciation. I have a changing appreciation, but fucking freedom. Okay. There
- 1:34was the President on one side, as well as this presentation of a Freedom
- 1:38Foundation. Our president asks that you in Argentina have a small left. Well,
- 1:42good afternoon, my friends, how cool it is to follow the weekend
- 1:46prescore. There is noórmite carton, because in the morning, at seven
- 1:49of the Manuela and twelve degrees for these days more less than hour, the
- 1:53fifteen fourteen. Yes, it' s very fresh. The blue went with
- 1:56everything premiered twenty- five. I' m wrong. Today he played one
- 2:01thousand three hundred for Sessénite descent, so for the quiet, with rumors that
- 2:07all caputo got into the market, as that freedom does not progress so much.
- 2:10We' re going to have a little conversation with Don Camilo Tiscorn,
- 2:19the six- year economic director of our psycholumnist who in a second is going
- 2:23to be going up there. They call it fo frees it stream as far
- 2:27as we can sweat the view low in the met a thousand two twenty-
- 2:30six, found with a thousand five hundred and four and the lues is above
- 2:32all a thousand two sixty, almost receiving yesterday the five, if I am
- 2:38not mistaken, a thousand nine hundred and five, but having touched in a
- 2:42thousand three hundred sixty and rod then reculating a little Nicholas Postes was not somewhere
- 2:46and with Rabel Miley grows in the circulations of the future, his future,
- 2:51a good, completely blurred chief of méx, not where his power. There
- 2:54he cares midi and not the structure, unusually on the science web and has
- 2:59a prominent role sarino in my loy up and I said that Borto is the
- 3:02formal thing at least post should be more powerful. Or, obviously, not
- 3:07real. Chuchito González, the nineties are back, you remember some of you
- 3:12are young. He opened details and met Javier Miley at the Camarín del Lona.
- 3:15Even we' re ready, let' s go to Beo, jabo
- 3:23well tell you everything. At the end of Argentina, this group was received
- 3:24to denounce the massacre in front of it and requested that it be monitored.
- 3:29Break the silence and I totally think I told him how bad he was.
- 3:32Titiló directly supported the mayor of the massacre, who has a complaint for sexual
- 3:38abuse my inhabitants of already Juan. When he walks in, I just remembered.
- 3:44The camel itches to the sum, so barely before I see myself so
- 3:46I have been long, broke my shirt, threw on the bed the audios
- 3:51against the fire of the killing for sexual still. Terrible and terrible. The
- 3:55double value. Not because if this had happened with someone from Achol or Migari
- 4:00since we came to the scandal that would have made it true when it'
- 4:03s a good one of mine, I keep it, they support them.
- 4:05There' s no moral go, there' s a double moral or double
- 4:08rod goes out with me particularly and there' s a guy who works a
- 4:12lot for the truth bothers me a lot. It' s wrong that you
- 4:14' re going to have a view, a liverpacto one for a radical,
- 4:17whatever abuse, rape, corruption, whatever you can. You can' t
- 4:21speak double var in any of these feelings. Then you' re pinu that
- 4:26thorny one step at a time, but Peronism comes out of defending it.
- 4:29Well, in Spain I' m sure the Argentine government had announced the last
- 4:32trip of my law to Madrid as a visit above. That' s what
- 4:35he can do. It wasn' t a vilitarrivandy. So desperate Miley chose
- 4:41Milay for the stage of her last edition. It analyses this radical plan to
- 4:45transform Argentina. He' s pretty cautious pretty critical, but, as I
- 4:48always looked and you know, a little bit in the ajitla mine. No.
- 4:51The important thing is that they talk about me later the lyrics to physics
- 4:55and who reads the notes. But if Leipe cypa all looks like it'
- 4:58s any layer a lid, he tells you it' s just that he
- 5:01' s destroying the Argentine and he' s going to publish it because he
- 5:04tells me and I like it is the governance of it. It is to
- 5:09rule in the United States, to remember marte the rings of Saturn, whatever
- 5:12he likes notoriety and this is a bit of a phenomenon of those liquid times.
- 5:15I wouldn' t say Bauman, liquid modernity, where it' s
- 5:20not superficiality. We kept the titles, with hy News one more you had.
- 5:24There comes confrontation again with a friend that this one of his own appears
- 5:29to me the most leader failure of the pro that told me yes of two
- 5:31thousand is the president most potado Argentina. How, but he feels more voted
- 5:34in Argentine history. And of course, in terms of population growth, if
- 5:39in numerical technos of voters in more endowed, but because Christian the population,
- 5:43what is worth are the male percentages and but did not get sixty percent at
- 5:46that moment. By the way, the same thing, he just pulled between
- 5:49fifty- six quotation marks. And in valuing, if not, we live
- 5:51the Kingdom of modernity, liquid lda, the ig news. Okay. That
- 5:56' s why my law is that this stage of me, which I have
- 5:59already done before, a stage that is not necessarily favorable, which is quite
- 6:01cause, but he looks for like, seeks this relevance and then hundreds I
- 6:11feel so fis alive, as I say of liquid times of Rob Tyre and
- 6:15the way of Ticornio, my friend, good afternoon, how it goes,
- 6:18How' s it going, Fernando, how' s it going? I
- 6:20live very well. Okay. The economy is also climates. Not so,
- 6:25today the dollar continued to fly in about three hundred hours. It' s
- 6:28down to a thousand little docitos eighty, which is almost like yesterday. But
- 6:30Padin' s risk also continues to rise. We saw the stage of a
- 6:33very left- wing newspaper, very left- handed, as the nation today
- 6:36worried no, free dollars rose up to sixteen percent in three days and the
- 6:43economy does not stop falling. Not that it speaks of the economic activity,
- 6:46the data that knew you yesterday to see economic agents climates what you would say,
- 6:53why you were going recently this does not speak of how some also that
- 6:57they wanted of helicopters, but until a few days ago it seems that everything
- 7:00came barbarous and now it appears that there is beginning to be a barrons on
- 7:04the horizon data that the floor would not have touched with legas of yours that
- 7:10speak and not of the palo Claudio Lozano, of the Palo Orthodoxto that predict
- 7:15long months for a reactivation or recomposition of the economic activity. Let' s
- 7:17balance a little in Alitics that is well balanced reasonable. At what point is
- 7:20first I would distinguish not combine the data of economic activity with that of the
- 7:28dollar, in what sense we are talking about silence. The EMEA was published,
- 7:31which is the PB of March and we are finishing the month of May.
- 7:38I mean, I wouldn' t combine the behavior of the dollar these
- 7:42days with the recession at all. Let' s just say we have to
- 7:46say something. The truth is, no one knows if I' m cooping
- 7:47it up, because we don' t have a clue what' s going
- 7:49on right now. The last thing we had in the month of March and
- 7:51there was nothing new about what came out of the Baby and already the industry
- 7:57had gone very bad with me had not gone very bad, with which the
- 8:00data from yesterday. To see that he is informed, someone might say that
- 8:03for now there is no indication that the ocean bottom will be mostly touched.
- 8:09I' d say first you wouldn' t take the March data as a
- 8:13novelty. I tell you again I think that at some point, personally,
- 8:18I had an expectation that March might not be so bad. The truth is
- 8:20that March was very bad as it was already. We' ve talked about
- 8:24this several times. When you take the year- on- year comparison,
- 8:28it' s obvious that it' s going to be bad and even worse
- 8:31this year that there are fewer business days than last year, when that comparison
- 8:35and March doesn' t say anything at all, we' ll see what
- 8:37happens in April. In April, but that is me about February too I
- 8:39respect. But with what I would tell you the conclusion would be March we
- 8:46hadn' t touched funds. I don' t know if today we don
- 8:48' t hit bottom anymore. No one has the May ME activity data.
- 8:50Unlike what happens with the IPE. I know that consultants have measurements online directly
- 8:56in economic activity data. There isn' t then. What should be said
- 8:58is the economy did not hit bottom in March and in April we will see.
- 9:03Some indicators have risen, such as the Indi being built, that in
- 9:05the construction of cars, something improved. Well, we' ll see when
- 9:13the data comes out, maybe in April. It could have hit bottom in
- 9:15March definitely, so that' s what I would say in battery economic activity.
- 9:20As for the exchange rate issue, and well, I think it is
- 9:22a very delicate economy in which we are very unstable with many things to correct.
- 9:28This had been a fairly, quite positive dynamic in some explainers on the
- 9:33entire financial side, and I believe that the decline in interest rates over the
- 9:37past few weeks I think it took a toll on this behavior of the dollar.
- 9:41You think today the size of a fisto term. A little more than
- 9:43two and a half percent a month has remained of this, so with the
- 9:48dollar, which came quite quiet the parallels, there was an incentive out there
- 9:52for him to want to pass. I would also add the lack of progress
- 9:56with the basic law which I think would kind of complicate the government' s
- 10:01horizon and its economic policy a little bit. So I think several things have
- 10:05been combined for this which you are now moving to see may be that the
- 10:13central climbs to the cup, although there is a theory of Caputo, that
- 10:16you have to look at the rate of what the treasure pays, that is,
- 10:20the state had no exceectral vaco. If there was no treasury, a
- 10:24bit of a weird interpretation. Today there is a note, for example,
- 10:26as Pablo Buende was, just talking to sources of economies. In the sense,
- 10:31you have to look. Banks must pay in a fixed class. I
- 10:35don' t think I' m a bit weird anymore. You will explain
- 10:37to me, not the cup of the plant, but the cup that the
- 10:39Treasury pays, which is higher to see. Explain a little bit to me.
- 10:43First of all, I' d say the banks do what they don
- 10:46' t want. That' s the first good point for fucking good,
- 10:50but Caputo wants to contain a dance tattoo like me. What else, I
- 10:56' d tell you more about Capute. It' s more of an explanation
- 11:01than anything else. He won' t be able to convince the banks absolutely
- 11:03nothing. What he explains, if we take it as an explanation, is
- 11:07that the Treasury bank last week tendered a series of securities that the banks bought.
- 11:13It' s like the banks came out of these famous passive passes.
- 11:18That it is a debt of the Central Bank, which is the one that
- 11:22pays the famous rate that the Central Bank manages and migrated with enough money to
- 11:26these letters of the Treasury, that is, that they went from an instrument
- 11:30that was debt of the Central Bank, that paid a certain rate of three
- 11:35and five percent to these instruments of the TESORO, that actually pay four and
- 11:37five percent. Then the Minister what the banks say could be paying a higher
- 11:43rate in the fixed terms, because they are actually charging more via the invested
- 11:46bonds. But the banks, let' s say, are going to pay
- 11:50the fee based on what suits them. Then we' ll have to see
- 11:54if, at some point, this ends up passing the rates of the plasophics
- 11:58for the moment not now. I believe that this movement of the dollar should
- 12:01eventually lead to rates somewhere in the economic system and different financial assets showing a
- 12:05slightly higher interest rate that I try to offset. We' ll see how
- 12:11it goes. I think that I believe in this context that I am not
- 12:16sorry for anything, but that what I would distinguish in this context from so
- 12:20many other times that we have seen the dollar rise and whenever you see it
- 12:22rise is worrying. I think one very important difference that there is this opportunity
- 12:28is that there is no fiscal deficit. I think this is a pretty important
- 12:31difference, as much as one can then discuss well how sustainable it is because
- 12:35it looks. They didn' t actually pay her head off. Actually,
- 12:37there' s the tax. There are a lot of things you can find
- 12:41to justify, but I would say that for a certain range of time,
- 12:45public accounts are pretty neat. I think that would have to help as a
- 12:48containment factor. Unlike past times when this was happening, I think it'
- 12:56s a factor that can help you try to make sure things aren' t
- 12:58expensive. More than all play what happens, play a lot of factors that
- 13:03you mentioned to the total, the exchange rate delay, which I do not
- 13:11advance such superhel structure but there are a lot of other elements of the agents
- 13:16that play. I do not entirely agree. Yeah, but I' m
- 13:20saying if you could get to sort out the part of this policy, that
- 13:24' s what you haven' t touched so much before. Plus the fees.
- 13:26I believe that the issue of the basic law is important because, let
- 13:33us just say, the basic law has several signs that the tax package seems
- 13:35to be here. Both. One is that the government shows that something can
- 13:39happen in Congress, being a government that does not control it in the tax
- 13:45package. It just favors fiscal consolidation so that it lasts in time and I
- 13:48think that, in general, the basic law gives a sign of some kind
- 13:52of change, of course of economic policy in general, which would be a
- 13:56little more endorsed than only by the President, which would be an incipient thing
- 14:01that could help to think about a horizon, a little longer for the argent,
- 14:05that is, hopefully that will come out. I think that might help
- 14:07to ease anxiety enough, because I insist on the fact that there is no
- 14:11fiscal deficit, it seems to me to be an important fact in this context
- 14:15in which the dollar seems to escape. The Central' s hand went off
- 14:18with the drop so a quick rate can raise it quickly to counter a little.
- 14:26This because, as you say what he says, you say it more
- 14:28than a pressure, you see it more as an explanation. But I say
- 14:31hard banks there are good people, we' re not, we' re
- 14:35more treasure, so let' s move it. I' ll be right
- 14:37with you. I' m saying what stage to start with. He lost
- 14:39his hand a little bit. It was too much, especially at the level
- 14:43of improving activity and liquefying monetary liabilities. The Central Bank games. They went
- 14:48hand in hand on one side, and I think it' s a sign
- 14:52that a little bit out there they rushed, I think, obviously, that
- 14:56here too the idea of whether the gift is behind is floating in the environment.
- 15:00No. This is the other key issue is that the government is very
- 15:03firm in saying it will continue to move in official dollar to two percent.
- 15:07To date, parallel contributions were not very affected because the gap remained fairly narrow.
- 15:13You were tonalmen issues of defending backwardness. Also good to defend an alleged
- 15:18back or change the officer with a twenty breste in one thing, defend him
- 15:22for a forty fair exactly then. I believe that this, the widening of
- 15:28the gap, explained by all these things that we said, makes the government
- 15:31' s strategy much more complicated, I think, to try to maintain that
- 15:35two percent rate of assessment that I understand and the government, obviously, what
- 15:39it tries to do is that inflation converges as quickly as possible to that value.
- 15:45Not because of that they have also postponed adjustments to Tarifa. In fact,
- 15:48inflation is falling. We, in the consultant, want you to be
- 15:54down five percent, but it' s not two percent. Definitely, then,
- 15:58obviously the issue of backwardness is so overflying. The Government denies it,
- 16:03but I believe that we are in a difficult position to change. It'
- 16:07s not a loose situation. There can definitely be some forcing, I'
- 16:12m not saying a devaluation of success. By the way, I say there
- 16:15may be some modification to leaving the two with this issue of Holo' s
- 16:19help from the fifenjeros. I think the government is going to try to see
- 16:22a little bit of this going on. In the next few days they will
- 16:27try, I imagine, to see if they can make any progress with the
- 16:30basic law, that that can generate some kind of expectations, but I think
- 16:33they will try not to move the exchange rate yet, at least because I
- 16:37think there is a lot there. The officer does have an impact on inflation.
- 16:42The movement is parallel, at least for now. I think it'
- 16:45s not as incident in inflation as it was in the past. Today,
- 16:51that dealers have fairly easy access to the official dollar market there is in the
- 16:56official market, it seems to me that the inflationary impact much more limited.
- 17:00So, I think the government is going to try to wait and not deliver
- 17:03this movement flag of the type of caden Now this also brings you a guy,
- 17:07a little deeper than there is in Argentina, which is part of the
- 17:10complications that we have that we want the exchange rate to fulfill two roles that
- 17:15cannot be solved easily. On the one hand, we want the exchange rate
- 17:19to be absolutely quiet, because that' s the only way we get inflation
- 17:25to be anchoring the inflation rate exactly. But, on the other hand,
- 17:30everyone complains about the delay in changing. So, everyone wants to try to
- 17:32have a kind of exchange that' s skyrocketing, so that' s gonna
- 17:34protect whatever economic activity you can come up with. You can' t do
- 17:38both. You can' t talk, indeed you can' t. So,
- 17:44when the discussion comes about about the currency lag, it' s not
- 17:48easy to resolve, because, obviously, when you hear some complaints, I
- 17:51think that there are people who are thinking or think that the exchange rate would
- 17:53have to be at a very high level to give protection, which I think
- 17:57it couldn' t be sustained because you come up with inflation, while,
- 18:00on the other hand, if you exaggerate to leave the dollar maybe at two
- 18:04percent in inflation, it doesn' t converge so fast to that and you
- 18:07' re buying yourself a problem. So I think that for him at some
- 18:11point, as happens in other countries of the world, we have to go
- 18:14back. We must ensure that the exchange rate fulfils a certain function of accommodating
- 18:18some competitiveness issue, but it cannot be the ultimate solution now that this is
- 18:22not inflationary is precisely the fiscal result. That' s why I put a
- 18:26lot, a lot of importance on it. It is we are talking here
- 18:30in prubal construction with our columnist way of Tecorneo, the director of these etcetera,
- 18:33with the miss and the one that I stayed there. You can get
- 18:36up not from them anymore, but you saw ingested the opposite, i e
- 18:40turn around and you go a little cup to the center. We don'
- 18:41t see it as very difficult. That and I think we thought what we
- 18:48said before. The subject that the Minister talks about is that the references are
- 18:52the Treasury letters. You think the Treasury is now going to issue these letters
- 18:56fortnightly. Not then, I think maybe they' re just trying for the
- 19:00goal is to migrate, try to migrate as much as possible. What is
- 19:03central that ends in these titles, then maybe it is in the tenders,
- 19:07those where you can play more with the cup, more than perhaps the role
- 19:10of the Central Bank. What happened, what about the paraistic risk life reached
- 19:15the point of the people two thousand two hundred, with the last hours or
- 19:18is stagnated up today from one twenty- seven to one four hundred fifteen.
- 19:22A little bit has to do with all this rock rum and I think it
- 19:26does, I think it has a lot to do with all this, maybe
- 19:30in the case of country risk, that we remember that country risk is a
- 19:33direct result of the listing of bonds in sovereign dollars of Argentina. I believe
- 19:40that when you see it and climb it into the river country not accompanied by
- 19:42that of other countries, because many times the movements are global, they are
- 19:47in several, but when it is something differential of the country, it is
- 19:51showing that there is something but that specifically affects that. I think this has
- 19:52a lot to do with the political side and the issue of the Bas law,
- 19:56because that' s where you play. I had a little more.
- 19:59There' s the long- term tax side. In the short term,
- 20:02I think the government has enough room to be able to manage public accounts in
- 20:07the month- to- month But when you go next year, next year,
- 20:11there starts to be a lot of maturities of dollar debts, which is
- 20:14the one that was postponed by Guzmana in its exchange and that what would be
- 20:18desirable would be to be able to go to the market to at least renew.
- 20:19That well, obviously, are very important commitments and, obviously, in
- 20:23order to get there, to be able to renew at Ripopy having to work
- 20:27much more is not going down right now, these days. This obviously complicates
- 20:30there is a worse perception of that future. Someone sent me a note a
- 20:37while ago about online politics with all the subjectivity that every media has and so
- 20:40on. In other words, it finished the free market caputo of safil FM
- 20:45and sells dollars to stop the counting with Lukis. The Minister sent the Wurtsapil
- 20:48of the Banco Nación and other financial friends, between quotation marks, to liquidate
- 20:52dollars in order to light up the run tension with Lfmai and Sega Puto returned
- 20:57to the Santanza, the sonted the management with matrigo, which your little also
- 21:02condemned and put hand in the market to try to stop it tilde directly to
- 21:04the politics online. It seems to me strange, at least in this sense
- 21:07the cumshot opinion. If I think selling dollars to defend with everything that that
- 21:12wouldn' t be a good idea. You don' t have to see
- 21:15if this is true or not. Of course, I couldn' t make
- 21:19a rumor so far. Actually, what you see and also this is another
- 21:22topic to put into context what is happening. Not until yesterday, the Central
- 21:26Bank was still buying dollars on the official market. Then it seems to me
- 21:30that it gives a different context to this movement. And, on the other
- 21:34hand, I thought that at some point, I would raise it from the
- 21:40financial exchange rates, in particular from the settlement account. In some ways it
- 21:44favors the carriers, because the contributors can of course twenty percent in that counted
- 21:48with liquiation. So, having passed in the last few days, I don
- 21:52' t know a thousand hundred The values that are today give it a plus,
- 21:56obviously that for twenty percent, but it' s some improvement that maybe
- 21:57I can. I won' t see, but a little talking. I
- 22:00don' t remember. If I talked to you about no, no,
- 22:02no, no, by some colleague of yours to see low details you promote
- 22:07that even a little bit of this kind of financial exchange goes up. All
- 22:08right, but the thing, it kind of seems like a new extragerious gyner
- 22:11to talk about stididly running like he' s out of mambo or something,
- 22:15I mean one thing that' s a thousand fifty and they' re going
- 22:17to. I don' t know for putting a thousand hundred, fifty thousand
- 22:19two hundred and another thing that in five days happens to you one thousand three
- 22:22hundred. I' m not saying trolling this 20 percent dorn is a thing
- 22:26for poque and we don' t know two thousand three hundred how it'
- 22:27s going to go tomorrow, on Monday you' re not totally leaving.
- 22:30Logically, the more the gap widens, the more the official dollar is called
- 22:33into question. And here in this kind of thing you moved that the phenomena
- 22:38are like they are enhanced, not because if the blecha are spoken, it
- 22:41is widening in less and less representative the official pain. So, if this
- 22:45favors you that your power counts the gap, well, mine happens the other
- 22:48way around. Then you have to see how the government reacts with this.
- 22:52I think the logical thing would be to raise interest sizes, probably through treasury
- 22:56letters. We' ll see very soon when the government gets back to him,
- 23:02let' s see how that happens. There are clever fellows talking about
- 23:06dependent stocks. Obviously, with greater faith gap, the trap seems to be
- 23:11further and further away, although we all see that the exit is going to
- 23:15be gradual and so on imposed to go to follow some other painting, but
- 23:18I say further away the exit and I know why that kind of thing and
- 23:23yes definitely. Anyway, I think that the movement this one that told you
- 23:29before the placement of letters from the treasure to get out of the passes,
- 23:33is an important step in order to free the sepo, because what is the
- 23:37main reason why there is no transmission. Some colleague of yours and he goes
- 23:42on a multi- bomb, but not I don' t put on a
- 23:45flipbla talks about all that being quasi- fiscal semission, it doesn' t
- 23:48stop being a fiscal CSI mission, although now by the Treasury and not the
- 23:49Central. It' s not the same thing I' d distinguish. For
- 23:52me I would say this many times to discuss these issues. What is often
- 23:57useful is to consider what we call the Treasury and the Central Bank as one,
- 24:03but as a teacher it stopped, but as everything. Then it'
- 24:06s when you consider them a unit. What has happened with this maneuver,
- 24:08simply that it changed the debt that has what is called the consolidated government before
- 24:12the debt in the Central Bank, now it is the Treasury, so from
- 24:17the point of view of the total debt exactly the same. Where is the
- 24:21difference that the Central Bank, in order to meet that debt, had to
- 24:26issue the treasure in principle. If it is not issued by the Central Bank,
- 24:30it has to go to the market in order to pay, and it
- 24:33has to achieve fiscal results at least potentially. So there' s a big
- 24:38difference there, that is, the debt is still there, you have to
- 24:41pay it, but what' s changed is how that debt is going to
- 24:44be paid. That is a step in trying to free the brain is to
- 24:47take away the debt from the Central Bank and that it is debt that is
- 24:49in the market and that is having conditions depending on what the financed ones who
- 24:53are going to finance it want to pay. Charge him well. I say
- 25:03how it sounds to you when the same question I asked Daniel Marquez here,
- 25:07when you hear that in a president permanently disqualifying is not your thing is my
- 25:12life. There wouldn' t be the rats in Congress, you wouldn'
- 25:15t have thanked politicians. They' re about you getting into economics and not
- 25:18in particular voice, much less. But I say to colleagues of yours and
- 25:21the stick in orthodox quotation marks. He' s talking to me about the
- 25:23reiters, the Claudius Lozanos on the left. So, when you say you
- 25:29sing idiots, honest intellectuals, squares, chine evaluators fifiadores cereal, when the
- 25:34President attacks his colleagues and king like this, you' re going to almost
- 25:38be the distinctions, go of the stick more orthodox or, more liberal or
- 25:41as we want to call it let' s say what your reaction is,
- 25:47your first and your first reaction. I don' t like it in general,
- 25:53I' d tell you not even with economists, nobody. Evidently,
- 25:57there I believe there is a combination of personality issues of the President with perhaps
- 26:03a political use to gain the strength that he does not have in the facts
- 26:10in Congress or in the system. The political system doesn' t suit me.
- 26:14Honestly, now, in the particular case, in the fights with many
- 26:18economists, also many economists get into that mud, let' s say I
- 26:23don' t think they' re in any way exposed to the President answering
- 26:26him that way. I think there are people who often criticize, but from
- 26:33the technicians they put you in, from the disqualification the grose because it'
- 26:37s no longer brass. I' m talking to you. I say messing
- 26:38with López Murf, with Broda, with figures even less. I like them,
- 26:42but I mean, no one got in to assault him, but argue
- 26:48Broda Melconian definitely. No doubt I believe that there he jumps many times to
- 26:52personal aggression. But I think I insist. There are some as much as
- 26:56they are called the stick. They' re not all the same. I
- 26:57think there are some who like that game and somehow likes to prick it in
- 27:03what way to prick it for more than they don' t add it.
- 27:04Personally, I think many times there are people who, for red reasons,
- 27:10all they notice is everything that is missing, everything that is wrong. Like
- 27:12I told you, well look you don' t live the most. The
- 27:15average command suffices five clear, five percent inflating is a barbarity in China.
- 27:18That' s the one who' s standing up for it. The fiscal
- 27:21deficit is going to bring you back because you can' t focus clearly on
- 27:26the obviously, the government, the president is automatically going to attack you and
- 27:27he' s going to tell you, but listen to me. You are
- 27:30not seeing that under the inflation of the twenty- five that correct Tarifa Degas
- 27:33by five hundred percent that of the light or three hundred that increases the collective,
- 27:36that nobody has come, will not do it. Okay. So,
- 27:37I think there are times when the reaction also comes for more than the Orthodox
- 27:42called it did not add it personally, they put the rod where in little
- 27:48in all evil. No, then man reacts and justifiably to me, with
- 27:51violence. And good where some get into that big game too, the last
- 27:56in thirty seconds. What would be currency competition, i e, not a
- 28:02previous stage of currencyization, but what would it mean in itself for broken doña
- 28:07as it is grasping the neutas the coin competition that you can freely use the
- 28:11dollars, as you please for anything that goes. For example, I have
- 28:15a formal job, my employer is worth a spin at which he pays me.
- 28:18It' s going to be in weight. I want good, but,
- 28:22of course, but I want to go buy a computer or the bakery
- 28:26and they' ll charge me in dollars if they want. It could happen
- 28:29quietly. Yes, as happens, there are countries where this is so and
- 28:32you have prices in both currencies, so the dollar could move freely. That
- 28:37is what the Government wants and, at some point, a step that would
- 28:40be important, if you would like to comment on that first, the possibility
- 28:44of making dollar contracts freely. And another thing that would be important would be
- 28:48to be able to pay taxes in dollars, also with which it is with
- 28:52the dollars of nets to see you are my business that the money laundering goes.
- 28:53That' s why the money laundering goes so that you up to$
- 28:576, 000 here. But I know if you' re my employer,
- 29:00you pay me five hundred thousand pesos per chest. I had to go to
- 29:03the bakery or fix that I was stopped from being conditioned and charged in dollars.
- 29:08Where I get the dollars to pay for the bakery or the one that
- 29:11comes to repair the conditioning area. Not necessarily. The only way they'
- 29:15re gonna charge you is in dollars. If they eventually charge you the voice
- 29:18in dollars and yes, well, it' s thought precisely for them to
- 29:23start circulating the basses in the economy because there are people who have dollars and
- 29:27that it would be more practical for them not to have to do pirouettes of
- 29:32passing to pesos because they have dollars. For example, imagine that it was
- 29:33an exporter or people who insisted silver on the mattress that has dollars and put
- 29:37it in direct circulation, that you could go buy a car and not have
- 29:41to sell the dollars to be able to pay it in pesos to the car.
- 29:44I mean, it' s automatically okay. But if one but a
- 29:47hundred offerers or that service comes, they' ll give me dollars. I
- 29:48make you put the price in dollars and I don' t have life or
- 29:52collect. Anyway, it goes hand in hand, obviously, from sp release
- 29:57you have freely bought or freely sell dollars with floors against dollars. Then,
- 30:06thank you, as always, huge hug, a hug cha chao, big
- 30:08hug. Also of you form in the plurar construction We leave, we tell
- 30:11of the Tuesday good weekend for your ulti and with cold. Thank you,
- 30:15Juan, Thank you, Silvia val val valed Bye bye le construcción plural led
- 30:33by Fernando Mauri by Radio Tren topic