La Derecha Diario Javier Milei at the BCR: 'Inflation is going to be just a nightmare that's over'
With conviction at the Rosario Stock Exchange, Milei celebrated the decrease in inflation and defended fiscal orthodoxy
President Javier Milei traveled to Rosario to participate in the main event for the 141st anniversary of the Rosario Stock Exchange (BCR) and delivered a message filled with economic and political definitions. In an electoral campaign context and after weeks of parliamentary tension, the head of state once again reaffirmed the strength of his government plan and the liberal direction that, as he emphasized, has already produced historic results.
"When we took office, inflation was running at 1.5% daily. Today, it's running at 1.5% monthly," Milei stated before an audience of businesspeople, leaders, and officials. In that context, he praised his Minister of Economy's management: "Now it's clear why Mr. Toto Caputo is the best Minister of Economy in the world," he declared, while the official listened from the front row accompanied by Karina Milei and presidential spokesperson Manuel Adorni.
El presidente Milei explicó por qué Toto Caputo es el mejor ministro de Economía de la historia: "Cuando llegamos al gobierno, la tasa de inflación corría al 1,5% diario. Hoy corre al 1,5% mensual".
The head of state emphasized that his administration has already managed to lift 2.5 million children out of poverty and promised that "from now until the middle of next year, inflation will be nothing but a nightmare that's over." With an academic tone, he explained that "the interest rate isn't the price of money, but of time. It can exist even in a barter economy," and asserted that together with Caputo "they're rewriting the economics textbooks, because everything that's been written in the last 90 years is wrong."
In another section, Milei blamed the electoral climate for the rise in interest rates and coined the concept of "kuka risk," referring to Kirchnerism: "If you find yourselves facing the sodomites of capital, the orcs, those who openly say they're going to break property rights, how much do you think the interest rate is worth then? It's like an end-of-the-world scenario, where the rate tends toward infinity," he warned.
The President stressed that his government broke with the logic of the "political cycle" that prevailed in recent decades: "We entered the electoral year with greater fiscal and monetary orthodoxy. Moving the state out of the way gives us better benefits. Meanwhile, as long as the kukas are in front, rates will rise, but the economic direction isn't negotiable."
Regarding the legislative elections, Milei was categorical: "For Kirchnerism, September 7 will be a ceiling; for us, it's a floor. If we win by one vote, that will mean putting the last nail in Kirchnerism's coffin." He also accused the opposition of resorting to fraudulent practices: "They resort to chain voting, stuffed ballot boxes, or paying political operators. They've always done it, and they'll do it again."
The head of state also lashed out against the Frente de Todos and Sergio Massa's management in the Economy Ministry: "The last year was one of total mismanagement. Inflation isn't caused instantly, but after a year and a half of money printing. That's why they found it amusing to vote for nonsense, because some other fool ended up paying for it two years later."
Finally, Milei was firm about the country's future: "If we return to Kirchnerist logic, rates will go to the stratosphere, monetary balance will break, and inflation will return. But as long as this government stands, one thing is certain: Kirchnerism never again," he concluded.
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