President Javier Milei published a message on social networks on Wednesday titled 'Test to detect idiots,' in which he reflected on the economic policies applied during the 70s. In the publication, the head of state stated that during that period, an attempt was made to combat inflation through price controls, regulation of quantities, and control of the exchange rate, in a context of a fiscal deficit financed by monetary issuance. 'During the Peronist version of the 70s, an attempt was made to combat inflation with price controls and regulation of quantities, while there was a fiscal deficit that was financed with monetary issuance. In turn, the exchange rate was controlled,' he explained. And he affirmed that 'this led to the loss of reserves and in the middle of a situation that no one wanted to take responsibility for, Celestino Rodrigo arrived and sincerely admitted the macro. The result, a sixfold increase in inflation and a fall in activity.' 'From your point of view, who is responsible for the disaster?' Milei asked. Previously, the head of state had considered that 'ignorance is audacious,' stating that 'if a group of ignoramuses, either due to a lack of training or a clear IQ deficit, are fed by the murky political operettas, this can lead them to see ghosts where there are none and fall into a brutality of ridicule...'.
