Belka writhes in “Polityka”. When asked about printing money before the elections, which was suggested to him by Bartłomiej Sienkiewicz while eating octopuses in the restaurant “Sowa and Friends”, he puts the blame on the current President of the National Bank of Poland.
It was then a private conversation from which nothing came of it
– Belka squirmed.
The constitution prohibits the central bank from financing the budget deficit. But the current president of the National Bank of Poland found a way to do it. For the first time since the transformation, the independent National Central Bank practically recognizes that its main purpose is to help the government, even though the constitution requires it to ensure that prices do not rise too quickly. The National Bank of Poland stimulates inflation by releasing additional money into the market
– Belka continued to philosophize in “Polityka”. And he pointed out to the NBP that the banks bought the bonds, which were then bought by the NBP. He probably forgot that the European Central Bank also buys government bonds in crisis situations.
He was there then too, when the pandemic broke out
– Belka admits.
The money, paid in the form of 500 plus or thirteen and fourteen, was not covered by a greater amount of goods and services, prices had to rise
– added. For example, he complained about the “PiS benefits”, which sent a flood of money to families and seniors, and at the same time he lamented that Poles did not understand that there was a “world crisis” during the PO government. According to him, Poland was prosperous at the time. Well, both the Central Bureau of Statistics and the Poles remember these years differently.
READ ALSO: As predicted by the National Bank of Poland, inflation in September is already single digit and amounts to 8.2%. “The leading politicians of the Platform have gone crazy”
edy/Politics
Source: wPolityce