The economist is critical of the measures being taken to deal with the crisis, both from Europe and in the Spanish state, and assures that even if an agreement is signed tomorrow in Ukraine, inflation and the energy issue will continue.
Euskaraz irakurri: Niño Becerra: “Udan 100 gastatzeko asmoa zuenak, spend 80 ditzala, udazkena zaila izango baita”
The Doctor and Professor of Economics Santiago Nino Becerra admitted in an interview this morning on Radio Euskadi’s Boulevard that “it is difficult to make predictions for more than six months”. He points out that now all predictions are based on the voltage in Ukraine it will take a few months, but he points out that “if an agreement is signed tomorrow, the forecast would change, but inflation would remain high, as would fuel prices, lack of supplies and the rise in the price of certain foods “, with the obvious impact on the population. “Among economists we always say that” inflation is the burden of the poor. With such increases, the purchasing power of the population decreases,” he says.
understand the dynamics of seize the day in which the population has come in, “we had restrictions for two years and people want to get out and move”. But his recommendation is clear: “The population is not thinking about what is coming in the fall, they are preparing to experience the summer because they think it might ‘the last summer’. However, I’d tell them that if you’re thinking of spending 100, spending 80, and saving 20 for the fall, because autumn and winter get very complicated“.
Niño-Becerra has criticized the measures taken from different areas to deal with the situation, as they are measures that are creating more and more inequalities.
On the one hand, he thinks that raise interest rates as he did European Central Bank, “will mean problems for many people and SMEs”. He confirms that if the aim was to curb consumption, “it would have been much more effective to raise VAT”, as it would not be so detrimental to small economies.
Likewise, it ensures that “subsidize lower VAT on electricity and fuel has been a big mistake” by the government of Spain, because “the Coffee for everyone It benefits a small carrier handing out packages as much as it does someone dedicated to driving around in his Ferrari.” He believes the measures should have been targeted at vulnerable groups and sectors, rather than everyone.
Also shown skeptical about sanctions Russia: “Reading this news makes me very funny. Now it is said that with every gram of gas we buy we finance the Russian army. Who did we finance before February 24th? Now it is a problem, but before that everyone was very happy to buy gas from Russia because it was cheapHe believes that measures have been taken without taking into account the consequences.
He agrees that gas consumption must be reduced, because in Europe you “need more gas than is available” in autumn and winter. But he assures that although consumption will be reduced, “The price of gas is going to rise because the liquefied gas we buy from the US is much more expensive than Russian gas”.
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Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
