President Javier Milei accused businessmen of seeking a devaluation with the purpose of reducing salaries and maintaining their standard of living. According to Milei, these companies have contributed to the destruction of the country and to having a low capital stock. He criticized that once the situation improves, they expect to obtain returns that do not align with the new level of country risk, which he considers an unsustainable strategy.
In this context, Milei expressed on his social media that companies seek to maintain high returns despite their scarce capital, allowing them to sustain a luxurious lifestyle at the expense of devaluation and salary reduction. The president emphasized the need to invest in increasing capital and improving efficiency instead of resorting to measures that affect workers.
Additionally, Milei criticized journalists and media outlets that complain about high salaries in dollars and their impact on the country's competitiveness. He dismissed these claims and pointed to examples from countries like the United States, Germany, Japan, or Switzerland that manage to compete internationally while maintaining decent wages for their workers. For Milei, impoverishing workers is not the way to achieve economic progress and competitiveness in the global market.
