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Uncontrolled inflation reignites fights within the Government

2023-02-17T00:59:37.324Z


The 6% in January had a high economic and political impact. Kicillof asks for more freezing and torpedoes Economy.


Cristina can't even see

Matías Tombolini

.

She says so: "That now fix the mess of prices."

Axel Kicillof torpedoes him all day.

He wants more checks and chases.

Both blame him for rising prices, for being soft on cost makers.

The two take revenge.

Tombolini used to make fun of both in private meetings: he criticized his old ideas to control prices.

"Tombo" threatened the multis like this:

"Close with us, because what comes after us is worse

. "

For Tombolini that "cuckoo" are the obsolete ideas of Cristina and Kicillof: stick and stick against companies.

The inflation data for January removed everything and refloated the quarrels.

Cristina says: "Now who is Tombolini going to blame?"

Kicillof calls for more action from the Secretary of Commerce.

Once again his collaborators

raised the supply law

and dusted off the idea of ​​a unilateral freeze until the elections.

These recipes have already failed and are part of the Alberto-Cristina duo's collection of failures.

The vice and Kicillof controlled the Secretariat of Commerce -and the price policy-

until the assumption of Massa

.

There were controls and escraches: a complete fiasco.

Both demanded – last September – a unilateral freeze on Massa.

The minister resisted up to a point.

A few months later, Tombolini released Fair Prices,

a variant of the “ghost train”

that they always used to try – unsuccessfully – to restrain inflation.

The 6% of January - that

Clarín

anticipated - had a high impact on the economic and political spheres.

It will be difficult to meet the goal of reaching 3%.

Tombolini threatened several heads of multinational companies this week because they had not fulfilled their pacts.

On his list of reproaches was Javier Sánchez Carranza, from Coca Cola, and Javier Goñi, from Ledesma.

It also led the minister into several heated telephone arguments.

Massa held a meeting with the head of the UIA.

Daniel Funes from Rioja is restless: he has the information that Kicillof encourages a heavy hand.

Axel trembles because prices are exploding in the Conurbano.

“Isidorito” –as Funes de Rioja is called- lives in a state of alert: “If you want to crash the car, well, then speed up”.

Massa received it -due to an issue with Uruguay-, but took the opportunity to send a message to the establishment.

The minister affirmed: “We are not going to do crazy things.

We will continue with the agreements”.

And he counterattacked: "The fiscal and monetary plan is compatible with inflation of 3%."

But the strategy would not be working.

There is myopia to see something obvious: the price escalation is fueled by indexing and inertia in rebranding.

INDEC also aroused disturbing reactions.

In the environment of Alberto Fernández there was a sadistic joy: some celebrated the 6% and the misstep of Massa.

They look like two governments.

They say that the President is jealous of Massa's hyperactivity.

The suicidal attitude is similar to the one that the Casa Rosada had with Juan Manzur.

They went looking for him as a savior and then they frayed him

.

Yesterday, Manzur resumed as governor of Tucumán and keeps intact his presidential project of "Juan XXIII".

He was endorsed by many governors.

Kicillof also shoots Economy.

It is subtle because Cristina maintains broad support for Massa.

But Axel enjoys.

He talks to the entire economic team and always opens the dialogues sarcastically: "Where are the dollars that Massa was going to bring?"

Massa held a secret summit with bankers this week.

The “red circle” knows about the disturbing imbalances, but prefers sanity: they do not want the bomb to explode and they want to arrive – even dilapidated – to the presidential elections.

Massa maintains constant dialogues with Alejandro Butti (Santander), Martin Zarich (BBVA), Jorge Brito (Macro), Juan Parma (HSBC) and Eduardo Escassany (Galicia).

The negotiation with the bankers is active and sought an objective: an agreement would be closed to renew all the maturities in pesos of the second quarter.

Now they are negotiating to extend the “roll-over” for all of 2023. That is why the bankers asked him to lower the intensity of the criticism of Juntos: his explosive document foreshadowed the worst and an imminent default.

Luciano Laspina was clear: "We only said what you know is happening."

This Thursday there was another secret meeting of bankers at the Finance Secretariat: a package of financial instruments is being discussed to ensure the renewal of maturities.

There is talk of something sensitive: issuing new bonds with a guarantee of the collection of the tax on checks.

These funds go to the ANSeS, which controls La Cámpora.

Máximo –it is known– is

a particular statist

: he is dedicated to controlling the main state funds.

Among them YPF, where there is a serious conflict that violates the code of ethics of the oil company.

Lawyer Laura Andino is in charge of the strategic Litio-YPF project and is indicted for money laundering.

She will shortly face an oral trial.

This is a decision –months ago- by Sebastián Casanello: Andino and his partner Gustavo Gentilli – former head of OCCAVI in Kirchnerism- would have used their influence to illegally become millionaires.

The issue convulses the oil company.

Something similar happened when they quietly disaffected former CEO Sergio Affronti.

It was because of a direct complaint from Chevron to Cristina herself

.

Now it is known that Chevron's leadership complained to the vice for shady dealings regarding the allocation of crude oil export quotas.

Chevron is Cristina's favorite.

She gave him a leonine contract in Vaca Muerta.

Her dome headed by Bruce Niemeyer - in charge of Latin America for the company - turned to the vice.

Affarti lasted a few weeks and left in silence.

Cristina achieved her political objective this Thursday: that Peronism as a whole endorse the fallacious thesis that they want to ban her.

Officially, the Frente de Todos defended that weak story, which is the vice flag against prosecution for corruption.

Alberto and Wado de Pedro discussed this issue at the unusual summit of Olivos.

The President and his minister publicized the meeting as a sort of vernacular Yalta.

The meeting was negotiated between Wado himself and Juan Manuel Olmos.

The deputy chief of staff demanded a gesture from the minister and Wado earlier issued a tweet ending the dispute with Alberto.

Wado arrived in Olivos and the first thing he demanded was that Peronism endorse Cristina's judicial strategy and denounce the ban.

Alberto, in the end, accepted.

The two also discussed a strategic issue: postponing the STEP, to give Massa time to put a cold cloth on inflation.

Before agreeing, both exchanged mutual reproaches.

Alberto opened up: "Cristina sets up some barbaric quilombos and bombards the management."

Wado replied: "

Alberto, you don't give a ball, you cut yourself and you don't consult

."

Later he said that Cristina does not forgive one thing: that Alberto never helped to improve his judicial situation.

Cristina maintains that the President is a traitor and she did not fulfill the "pact" between them: she made him President and Alberto arranged her rackets.

The vice already says it resigned: "The asshole was done well."

look too

With the surprising presence of Máximo Kirchner, the political table of the Frente de Todos is already in session: expectation for the electoral definitions

Source: clarin

All news articles on 2023-02-17

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