President Javier Milei welcomed January’s inflation figures as a slowdown and lashed out against politicians who rejected his omnibus bill reform package in an hour-long interview with LN+ television channel on Wednesday night. The president argued that inflation is always monetary, comparing emission to trying to photocopy a plate of pasta. “If we’re going to eat dinner and we have pasta for the two of us, but then Esteban and Luis come along. In the document, she argued that dollar scarcity, not money printing, is the main driver of inflation. Milei promised that once this happens, his government would be able to release currency controls.

Source: Bueno Aires Herald February 16, 2024 02:51 UTC