Compiled by: Tia, Techub News
Editor's Note: The storm about Argentine President Javier Milei and the token LIBRA incident has not subsided recently. From his public support for the project to the widespread attention caused by the tweet storm, a complex game with the economy is taking place in Argentina. At the same time, the flow of funds involved in the incident, the range of participants and subsequent public opinion responses gradually revealed the intricate inside story. In an interview, President Mile frankly responded to the relevant disputes and expressed his profound insights into the current economic situation and situation in Argentina. This interview not only involves the causes and consequences of the LIBRA token incident, but also reveals Mile's strategic thinking and challenges in a complex environment.
Johnny: Mr. President, thank you very much for being interviewed during this turbulent time. First of all, I would like to ask you to explain the current situation.
President Milei: This interview was arranged two or three weeks ago, and the promises must be fulfilled. I have nothing to hide, so I can face it calmly. I understand that at some point, families may choose to avoid it, but I have nothing to hide, so I'm happy to talk about it.
I think the promise must be fulfilled. Especially when there is controversy, avoidance is not the solution to the problem. I think transparency is crucial. Do you know what will happen in the end? The truth will always surface and all the evidence will appear. You will see the meanness and tragic aspects of tradition. They are nervous now because polls show that we are far ahead and the economy is recovering significantly. If we were to grow at least 7%, inflation dropped to 1%, and poverty fell below 35% at the time of the second quarter economic data, then they would be even more anxious. Because they know that if this is done well, their status will no longer exist. So they will destroy us by any means.
Johnny: Can you explain what happened about LIBRA tokens?
President Milei: Of course. When you see entrepreneurs related to digital technology, artificial intelligence, system development, etc., you will find that most of them are in an abnormal economic state. Due to the mismanagement of Argentina in the past 100 years, there is no mature capital market. Many of them declare only minimum income and therefore cannot obtain financing. In the United States, you can fund these projects through venture capital, and investors can get returns even if only one project succeeds. But in Argentina, this situation does not exist. So when someone asked me to build a structure to fund these entrepreneurs, I found it an interesting idea. We are very committed to driving technology and AI, and I think it is a great way to help those who don’t have access to financing.
Johnny: Your LIBRA promotional recommendation on FridayWhat's going on with the text?
President Milei: When the Libra project was released, I made the publicity because I thought it would help Argentines who needed financing. My tweet is to let more people know about this project.
Johnny: Do you regret posting that tweet? Because you deleted it later.
Milei President: Don't regret it, let me explain it.
When I posted a tweet, someone started spreading rumors that my account was hacked.
This is fake, I have nothing to hide.
I tweeted because I am passionate about technology and I think it is a great opportunity to help entrepreneurs. But when I saw more and more negative comments, I decided to delete the tweet.
I usually don't delete tweets, but this time I chose to withdraw.
Johnny: More than 40,000 people have invested in this project, involving more than $80 million, and many have suffered heavy losses. Do you have anything to say about them?
President Milei: First of all, I want to clarify that there are actually not 40,000 people involved, many of them are robots. The real participants may be only about 5000, and they are mostly highly specialized investors who are very clear about what they are doing. These people are voluntarily involved and are well aware of the risks. It's like you go to a casino and you know you might lose money, but you still choose to participate. This is a transaction between individuals and is not involved.
Johnny: Do you think you made a mistake in this matter?
President Milei: In the circumstances at that time, I didn’t think I had made a mistake. I am in good faith and hope to help entrepreneurs who are unable to obtain financing. But now it seems that I may need to learn some lessons from it.
Johnny: What did you learn from it?
President Milei: I realize that as a president, I need to be more cautious. I originally thought I could be as open and transparent as before, but now I understand that I need to set up more filtering mechanisms and can't easily get close to me.
Johnny: You mentioned that you want to set up a filtering mechanism. Can you talk about it in detail?
President Milei: For example, I need to make sure that those who make suggestions to me are rigorously screened. People like Davis, I met through Noveli, who organized that technical conference, where I met a lot of interesting people. I thought it was a good opportunity at the time, but now it seems that I need to be more cautious.
Johnny: Do you think this incident has an impact on your international reputation?
President Milei: I don't think so. Because this is a technology-related event, it has its dynamics. My credibility comes from my fulfillment of my promises, like usThe issuance of currency was stopped, the inflation rate was reduced, and the fiscal surplus was achieved. These are the things that really make me credibility.
Johnny: What do you think about the calls for impeachment?
President Milei: This is the seventh time that someone has asked me to be impeached. Interestingly, those who asked me to impeach me, such as the Kishnells, themselves have many questions that have not been explained clearly. For example, they never explained where the $60 billion of the Santa Cruz Fund went. They are asking me to explain now, which I find ironic.
Johnny: You mentioned that there are many problems with the Kishnell pie. Can you tell me in detail?
President Milei: For example, they once tried to take $10 billion from the central bank for campaigning, which led to the dismissal of Martin Redrado. They also caused $25 billion in losses through the dollar futures market. These were all major mistakes during their rule. By contrast, the adjustments we made were the largest in history, but we successfully lowered inflation and the economy began to recover.
Johnny: You mentioned that the Kishnells had a lot of problems, but you were under pressure to impeachment yourself. How do you think the call for impeachment is different from before?
President Milei: The difference this time is that those who demanded to impeach me also have many problems that have not been resolved. For example, they never explained where the $60 billion of the Santa Cruz Fund went. They are asking me to explain now, which I find ironic.
Johnny: Did you say what happened here when you called Davis last Friday?
President Milei: My reaction at the time was that I needed to remain calm in the face of this situation. If I have any questions, I will choose to take a step back and protect myself.
Johnny: Did you write that tweet?
President Milei: Yes, but someone spread rumors that my account was hacked. This is fake, I was not hacked. So I fixed that tweet and proved it was posted by myself. But then I saw that there were more and more negative comments and I decided to delete it. I don't usually delete tweets, but this time I chose to withdraw.
Johnny: Then will you reduce your tweets? Or will you continue to use Twitter (X) as before?
President Milei: I am a fanatic and I will continue to use Twitter. I'm not sure what I'll do, but what I know is that I'll improve the screening mechanism and decide who can reach me.
Johnny: Have you talked about this with your sister Karina? What does she think?
President Milei: No, I won’t talk to my sister.
Johnny: You decided not to live like you used to, and you no longer allow people to contact you so easilyIs it time for you?
President Milei: Yes, we decided not to live like we used to. We understand that our roles must have a screening mechanism. We want to continue to live like ordinary people, but reality does not allow it.
Johnny: It's about the atmosphere of social media. I'm not sure if people really care about these messy things?
President Milei: That's why you want to see how people react. If you are in a complicated situation, like you can't go out on the street, we do cause some trouble for security personnel. Nick and I went to Federico’s department the other day. When I left, I had to throw something into the trash. I found a place where no one was going to throw it away, but then many people came around to take selfies with me. I have to accept that life cannot be as simple as before.
Johnny: Sometimes you don’t realize you are the president.
President Milei: I don’t treat myself as president, I treat it as a job. My description of my job is to reduce inflation, reduce insecurity, and promote economic growth. These are my goals.
Johnny: In the bill, participating in cryptocurrency-related fraud is an extremely serious crime, an unprecedented scandal. Our House camp decided to advance a request for trial against the President.
President Milei: Then move forward. In fact, I have asked the Anti-Corruption Office to investigate all of us, myself included. We have a group working on this issue.
Johnny: Be prepared, they will unite all forces to target you.
President Milei: Did you know that Johnny, we are ending all the chaos in Argentina. Argentina has experienced a real Ponzi scheme that has reduced this from one of the richest in the world to a state where nearly 60% of the population is now in poverty. This is reality. We make expansionary adjustments because we are targeting the system, which will reduce the burden on the side.
I mentioned a question about information leakage before becoming a candidate. We made adjustments to this, but it was not a recessional adjustment because we returned the money to the private sector. In fact, I'm not afraid of it because I'm doing what the Argentine people ask me to do, but the problem lies with their side. Because we are entering the election process this year, as far as the current data is concerned, the economy is growing 78% and inflation is 1%, they know they have no chance of winning, so the status quo defenders will fight back. In addition, listen, first of all, they are politicians. This is the first point. If you like peaches, you have to accept the fluff on them. Since you have entered this field, you have to know these things. Second, Argentine politicians are all people who use any means. Third, I have been fighting against them, starting from revealing the truth, and constantly cutting their interests.They all gritted their teeth at me, so they would seize any opportunity to deal with me.
All the courses you are ending, ending the real Ponzi scheme in Argentina. This scam has turned Argentina from a wealthy to a poverty rate of nearly 60%. The reason we make expansionary adjustments is because we put adjustments on and on corruption.
Johnny: Is this a wrong move?
President Milei: Well, in the face of all the attacks, I have to revisit some things.
Johnny: Senator Lufton?
President Milei: He is the one at 1:25, and it has nothing to do with raising taxes.
Johnny: This is fraud. I'm confused, here's a fraud equivalent of 12 López packages.
President Milei: But if there is fraud, let the judiciary prove it. The problem is that he is strong compared to López. Lutón had to make some effective slogans, why didn't he count all the money he could have stolen from the Argentines? Why don't he count all the damage he caused to the Argentinians every time he raises his hand to vote to increase his salary?
Johnny: You mentioned the guillotine, who would Karina’s guillotine cut off?
President Milei: If there is something that needs to beheaded for judicial evidence, then cut it, no doubt.
Johnny: Don't you suspect anyone made a mistake?
President Milei: No, in principle, no doubt. If the judiciary later told me that someone had made a mistake, I would accept it.
Johnny: Andrés Siro from Lice said they have too many lies, too many cryptocurrencies, too much freedom. What happens when you have conflicts with an artist or some artist?
President Milei: I have no hostility to the artist. In fact, I will celebrate through art. I used to have a rock band, so I wouldn't be against artists. I'm talking about it, if you're an artist, you should make a living by providing your products, not by subsidies. If you need subsidies to live, you are a civil servant. If you still become a tool for publicity, you are doing it, not art.
Johnny: Why is Lali doing it?
President Milei: Didn’t she be funded by Quintela? Wasn't it funded by the person on that yacht?
Johnny: Quintela? Is he from La Rioja?
President Milei: Yes, he did some shows for the guy on that yacht.
Johnny: But does Lali Expósito need the funding?
President Milei: It was mainly that she did those shows, yes.
Johnny: Where is María Becerra?
President Milei: She surprised me, too. She went to a funded place and then criticized. Worst of all, she also lied about the fire.
Johnny: About the fire.
President Milei: Yes, during the Kichnerism period, the fire was handled badly. We reorganized all work on fire handling. Moreover, joint action with the provinces has provided financial support to those who have lost their homes. She is spreading lies and criticizing us with lies.
Johnny: But did you handle it well? I'm not sure who the Deputy Minister of Environment is, Adorni said the other day that he has not been appointed. He said he made mistakes in fire prevention.
President Milei: Well, that's probably his point. He may have insufficient information or made a mistake.
Johnny: Will you finally appoint that deputy minister?
President Milei: If the person in charge wants to stay in office, I have no problem. My direct contact is with the ministers. I won't appoint anyone, because if I appoint your secretary, what would you do?
Johnny: So let me form a team.
Milei President: OK, but you have to understand that if I ask for results and you don't achieve, I will fire you. You appoint the team you want, I will not interfere.
Johnny: Are you not worried about the wave of violence in Buenos Aires?
President Milei: In a federal, who is the responsibility for education, health and safety?
Johnny: in the province.
President Milei: Yes, so these security issues are all Kichilov's responsibility. As President of Argentina, I am concerned about the situation in the province of Buenos Aires. But the problem is that Kichilov is part of the problem, not the solution. He follows Zafaroni's doctrine, treating criminals as good people and victims as bad people. We follow Julian's doctrine, whoever commits sin is punished.
Johnny: Is Macri part of the problem or part of the solution?
Milei President: In what respect?
Johnny: In leadership.
President Milei: When he needed help, he helped. Now he will help.
Johnny: How is your relationship with him?
MileiTong: The last time I sent him a message was on his birthday. I have no fundamental differences with him. If everyone thinks the same, no one is really thinking.
Johnny: From 1 to 10, how likely is it that you are to reach a strong agreement with the Liberal Progressive Party?
Milei President: My goal is 10.
Johnny: Do you want 10 points?
President Milei: Yes, my goal is 10 points.
Johnny: Patricia Bullrich, who is a candidate in the city.
President Milei: I think she did a very good job. If she becomes a candidate, she will sweep everything.
Johnny: But will you lose her as minister?
President Milei: It depends on Patricia's will. She has said she doesn’t want to run, and I’m very happy with her job as minister.
Johnny: You can let her do two things at the same time.
President Milei: Yes, she can be where she wants to be.
Johnny: Will you submit a spontaneous statement?
Milei President: Legal issues are not my expertise and I shouldn’t disclose them in advance. Our Attorney General will deal with this.
Johnny: Will you continue to advance the Clean Files Act?
President Milei: Yes, we promised it. We have submitted the bill, the House passed, and now it's up to the Senate. We will strive to pass.
Johnny: President, thank you for spending over an hour talking about all topics, especially about Libra.
President Milei: You're welcome, I think the Argentine people should be completely relieved, I have been acting out of goodwill and will continue to do so. Because the truth will sooner or later be revealed to the world.
Johnny: Thank you, President.
Milei President: Thank you, Johnny.