WITH Javier Milei They call him Mr. ColdLike the character he played in the movie version of Batman in 1997 Arnold Schwarzenegger. The pseudonym, claimed the ‘Online Politics’ portal, was given to him by Government ministers. The far right always wears an outfit bulletproof vest Even in the harsh conditions of summer and temperatures above 30 degrees, it is better hidden under a leather jacket. So he “subjects his officials to grisly conditioning.” The preference for cold environments contrasts with other consequences of a very hot summer. December inflation was officially reported to be 25.5%. As a result of the 118% devaluation of the national currency, which was implemented by Economy Minister Luis ‘Toto’ Caputo as soon as he took office, the cost of living was high.
According to the National Institute of Statistics and Census (Indec), Cumulative inflation throughout 2023 will be 211.4%. Milei’s features are similar disaster prices compared to the previous Peronist Government of Alberto Fernández. When he took office, he turned his back on Congress, warning that very difficult months were ahead and that the benefits would be seen in the uncertain future. Indec saw the biggest increases in goods and services (32.7%), private healthcare (32.6%), transportation (31.7%), home equipment and maintenance (30.7%) and food and non-alcoholic beverages (29%). ,7) reported that it was recorded in the categories. %).
The unwanted Venezuela mirror
We have to go back to the late 1980s to see that the cost of living was so high. This did not go unnoticed by analysts annual inflation Argentina was superior to VenezuelaThis is exactly the country that the currently ruling party, La Libertad Avanza (LLA), presents as the worst possible model. “We will be Venezuela,” Milei warned many times during the election campaign to demonstrate the dangers posed by the continuation of Peronism. ANDNicolás Maduro regime closed the year with 193% inflation accumulated in 12 monthsvs. 305% in 2022.
According to the newspaper ‘La Nación’, Argentina experienced more inflation in December than most other Latin American countries consolidated in a year. Colombia completed 2022 with an increase of 9.28 percent, Uruguay with 5 percent, Brazil with 4.2 percent, Chile with 3.9 percent, Paraguay with 3.7 percent, Peru with 3.2 percent, Bolivia with 2.2 percent and Ecuador with 1.5 percent. .
Satisfaction despite everything
Despite the fact that citizens’ purchasing capacity has been hit, Milei celebrated the Indec data. I thought they would be much worse. “He went out to celebratePortal ‘Letra P’ said: “We are working to put the country on a growth path that enables this. Being strong after 35 years. We are the most active government in the history of Argentina. The economic program has managed to stop this madness that we have entered,” said the capitalist anarcho. Milei thinks he’s Superman, not Mr. Freeze. and so he posted a picture on his Instagram account of the Man of Steel stopping a train called hyperinflation.
The president’s optimism doesn’t have many followers. economic newspaper financial area The report stated that many consultancy firms calculated January inflation as 25% for January and annual inflation as 243%. GDP in 2023 will close with a decrease of 2.3 percent and will increase by 2.6 percent in 2024.
In this context, the Central Bank (BCRA) made a statement. Fast circulation of 10,000 and 20,000 peso banknotes This is equivalent to $10 and $20, respectively, based on the exchange rate on the unofficial market last Thursday. Currently the highest currency is 1000 pesos. Any transaction over $1,000 requires a heavy backlog of paperwork comparable only to the Venezuelan experience. The obverse of the $10,000 bill will feature images of Manuel Belgrano, creator of the Argentine flag, and María Remedios del Valle, heroine of the War of Independence. Among the 20,000 people will be Juan Bautista Alberdi, the inspiration of the National Constitution of 1853, whom Milei wants to make the founding father of his ideology.
Unions warning
Indec data further fueled the fire of social unrest. General Confederation of Labor (CGT), which is preparing to hold its first strike on January 24, gave assurance to the Government “It will not condition the organized labor movement”. CGT’s statement “A new provocation from the executive branch” The decision of the Ministry of Security to send him an invoice containing the operational expenses of the police in order to maintain order during his final mobilization before the court. Weeks ago, the labor union objected to Milei’s Decree of Necessity and Urgency (DNU), which aims to privatize all state assets and limit the right to strike, among other measures. “This is a new attempt by the government of Javier Milei to silence all demonstrations and protests by workers to express their legitimate demands in the face of the most reactionary labor reform in the entire democratic history of our country.” The far right has a “profession” to ignore “freedom of association and the right to protest against any attempt to express disapproval and discontent.”