Categories: Economy

For an economist, Fair Prices fails because “it attacks the consequence of inflation and not the cause”

the economy minister Sergio Massa presented today the new stage of the Fair Prices programin which the products that are part of it will have a pattern of monthly increases of 3.2%.

In this context, the team Reprofile communicates with david miazochief economist of FADA, who spoke about the relaunch of the program announced by Sergio Massa.

“In terms of results, these programs do not have a lasting effect on inflation”assured Miazzo, who later completed: “These programs fail because they attack the consequence of the inflationary problem and not the causes”.

Along the same lines, the economist explained: “In world history it has never been possible to generate a lasting effect against inflation with these programs”. “Companies cannot sustain these types of price levels in the future, is to postpone the treatment of the problem“, complete.

“These programs are only in the big supermarket chains and the people who have less do not have access to these programs”, said the economist. “Many of the local markets depend on a distributor and have a broader cost chain”, he concluded.

You may also like

Anna Edwards

Recent Posts

Methods for measuring reputational risk in corporate finance

Reputational risk describes the possible decline in a company’s value that arises when stakeholders’ views…

4 days ago

bridging resource gaps in Albanian heritage sites through CSR investment

Albania is a country with rich archaeological sites, diverse natural landscapes and rapidly growing visitor…

5 days ago

Defining the Ghesquière era of Louis Vuitton fashion

Defining the Signature Style of Nicolas Ghesquière at Louis VuittonNicolas Ghesquière, who has served as…

6 days ago

Investing in Panama real estate: the rise of apartments with private beach clubs

Panama continues to establish itself as one of the most attractive destinations for those seeking…

1 week ago

Balancing comfort and location in new Panama Oeste housing projects

Panama Oeste has become one of the most dynamic areas for residential development in the…

1 week ago

Outfit definition: more than just clothing

The term outfit is a versatile word in the English language, encompassing a variety of…

2 weeks ago