In the United States, where he is on tour, Javier Milei gave this Friday an extensive speech in which he praised his ministers and reviewed his government’s economic policy. In the midst of his speech at Washington, he took the opportunity to fight with businessman Paolo Rocca. He pointed it as a beneficiary of a prohibition that Federico Sturzenegger eliminated and said: “He took out his Army of Econochants to ask for devaluation and try to destabilize.”
Milei spoke this Friday at the Inter -American Development Bank (IDB). When 50 minutes of exposure were, the president highlighted the work of Sturzenegger In your task of deregulation. “We have a symbiotic relationship as with ‘Toto’ Caputo,” he praised him. And among his measures, he recalled one in particular: the release of scrap export.
The prohibition was governed since 2009, when Cristina Kirchner was president. The release of export was confirmed in early January and meant a new chapter of the fight between the government and businessman Paolo Rocca, from Techint.
“You couldn’t export scrap. But the scrap is priced. It was in the domestic market and it was very cheap. Of course, That benefited a company And he harmed all the companies that had the scrap, “said Milei, that at all times avoid mentioning that company he was talking about.
“That It is not very in favor of freedom. So what did we do? We eliminate that regulation. Obviously that now the scrap has a market price, “followed the chief of the Executive.
And he referred to Techint again. “The company that was harmed is a very large company and took its Econochantas Army to ask for devaluation and try to destabilize The economic program, “concluded that passage.
The decree that eliminated the prohibition of scrap export was 1/2025, published on January 3. In the papers, he authorized the definitive or temporary marketing of scrap and metal waste, for determined productive processes or as a direct use product.
In addition to Techint, it was anticipated that other firms in the sector would be harmed by that measure, including acindar and hundreds of SMEs. From those firms, they predicted that, with deregulation, the worse quality waste would not be used in the ovens of small and medium enterprises. Thus, for the production of steel you would have to go to imported iron and coal, which would demand more dollars in the absence of better quality domestic scrap, considered a “strategic resource.”
Milei, the destruction of the State as a parasite and the exit of the exchange rate
In another passage from his presentation, the president spoke about the Statewho defined as a “Parasito” to which they are “determined to kill”. In addition, he referred briefly to the exchange rate.
“He Adjustment was not recessive because it fell totally on the state. When they have a parasite in the body they do not have to kill the body but the parasite. We are determined to kill the parasite as much as possible, “Milei said when positively evaluating the consequences of his economic program.
He also valued the adjustment in the public sector, since, he said, the savings in spending makes the stock exit not necessary for growth. “It is false that we need to get out of the stock to grow Because basically, given the fiscal shock we committed, that makes there a lot of savings to finance the private sector, “Milei emphasized.
“He CEPO is a mechanism to artificially increase the demand for money. Which He is violating is his consumption set, “the libertarian launched and pointed out: “Argentines bought dollars to pass the future to the futureas a form of value reserve. They forced them to have pesos and that artificially increased demand. ”
By criticizing the concept of social justiceMilei considered that it is “a aberration From the moral point of view and as expected it will generate bad results. ”
“Is some of those who are here in favor of theft? I see that no one is a sin, stealing is wrong. It implies unequal treatment in front of the law, is anyone in favor of some being awarded and others punished? Is there anyone who is against equality? Social justice implies unequal treatment against the law. One is stolen from his entry and gives it to another, “the liberal questioned.
In that context, the president said there is a “Severe incentive problem” because “he who generates wealth is punished and the one who kicks him money.” Then the president completed: “The incentive is kicking, complaining and not working, which generates an incentive system incompatible with progress. ”
“It also has consequences on the quality of life of society, but not for its economic damage but for the damage to the link between people. Promoting and enhancing an envious society makes the climate within society extremely hostile. Society lives facing an alleged class struggle and, in that sense, the quality of the link is very bad, “he said.
In this regard, the libertarian explained: “The Society is hyperpolarized and what reigns is hate. There is one that produces wealth and steal it, while there is another that says it has the right to appropriate the wealth of the other. So, it is As if lived in a permanent war and all to adhere to a bad economic theory. “
In an extensive explanation about the concept of social justice, the president assured that he implies a correction through “the claw of the State” and rebuilt: “Charity is not at the tip of gun, it has to arise naturally. This can only be solved by the market, but they do not believe in that. ”
In addition, the president took advantage of his intervention at the IDB to value “800 structural reforms” that launched his management and compared with the Carlos Menem government. “If it was the best government in Argentina, which had structural reforms and a successful stabilization program such as convertibility, we have already been in just one year and with 15% of the Chamber of Deputies and 10% of the Senate Chamber, we made a Structural reform eight times larger and, in addition, we put together a successful stabilization program. ”
“More successful than that of convertibility because today we have better terms of results. In terms of dollars inflation, we are in deflation, without having fallen into previous hyperinflation, without having expropriated, without price controls, without controlling the exchange rate and, in addition, reconstituting rates, “he said.
When resuming the idea that his government is “the best government in history,” Milei clarified that it is not only a merit of his own. “It is because of the merit of the huge ministers I have I am proud of each of them for the huge task, where All I have to do is set the course, but those implements that they are a pleasure, “he said.
“Everything that is not in the digest, is eliminated”: Milei explained the new step of the chainsaw in the state
In the final stretch of his speech, the libertarian explained that they are proposing that “Each ministry makes a digest of what it uses “in a time of 30 days. “Everything that is not in the digest is eliminated. Why? Because you are going to find that there are things that one does not even know what they are. He only knows that the beneficiary is.”
Milei’s arrival to the Inter -American Development Bank
“In the first days of February, the minister Sturzenegger I came to visit the residence of Olivos. And then, he told me he was extremely concerned about the slowness with which we were acting. And then, he suggested redefining some legal areas to give more dynamism and agility to reforms, “Milei recalled.
“I went and made the account of how many deregulations made in two weeks. Two weeks, how many do you think?, I was angry because the thing was fastened: 65. In 15 days he removed 65 regulations And he said we are going slow How am I not going to be happy with my ministers? They are all a machine to gain economic freedom all the time “he emphasized.
As a closure, Milei reiterated: “To the extent that the chainsaw passes the regulations, what we are doing is not only to gain economic freedom, but we are also gaining economic growth. I will not claudicate with bringing the state to the minimum expression and returning the freedom to all the Argentines of good Until the last day of my government. ”
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