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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 political and economic game is being staged 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 on the current economic situation and political situation in Argentina.This interview not only involves the causes and consequences of the LIBRA token incident, but also reveals the strategic thinking and challenges of the Milei government in a complex political environment.
Johnny:Thank you very much for being interviewed during this turbulent time, Mr. President.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 promised things must be fulfilled.I have nothing to hide, so I can face it calmly.I understand that at some point politicians may choose to shy away, but I have nothing to hide, so I’d love 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 traditional politics.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, they would be even more anxious.Because they know that if this government does well, their status will no longer exist.So they will destroy us by any means.
Johnny:Can you explain what happened to LIBRA tokens?
President Milei:sure.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:What’s going on with your LIBRA promotional tweet on Friday?
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.
President Milei:I don’t regret it, I’ll explain it.
When I tweeted, 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 don’t usually delete tweets, but this time I chose to withdraw.
Johnny:More than 40,000 people have invested in the 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 not actually 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 the state does not participate in it.
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 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 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 promises, such as we stopped currency issuance, lowered inflation, and achieved fiscal surplus.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 the Kishnellites have many problems. Can you explain it 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 impeach yourself.How do you think the call for impeachment is different from before?
President Milei:The difference this time is that those who requested 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 tweets?Or will you continue to use Twitter (X) as before?
President Milei:I’m a fanatic and I’ll keep using 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:Have you decided not to live like you before, and no longer allow people to reach you so easily?
President Milei:Yes, we decided not to live the same way 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’re the president.
President Milei:I don’t regard 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 a political trial against the president.
President Milei:Then push 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 and they will unite all forces to target you.
President Milei:Did you know, Johnny, are ending all the chaos in Argentina politics.Argentina has experienced a real Ponzi scheme that has brought the country from one of the richest countries in the world to a situation where nearly 60% of its population is now in poverty.This is reality.We make expansionary adjustments because we are targeting the government system, which will reduce the political burden.
I had 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. These people are gritting their teeth at me, so they will seize any opportunity to deal with me.
You are ending all the lessons in politics and ending the real Ponzi scheme in Argentina.This scam has turned Argentina from a wealthy country to a country with a poverty rate of nearly 60%.The reason we make expansionary adjustments is because we put the adjustments on the country and on political corruption.
Johnny:Is this a wrong move?
President Milei:Well, facing 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 be beheaded for judicial proof, then chop it, no doubt.
Johnny:Don’t you doubt anyone in the government has 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 from the state.If you need state subsidies to live, you are a civil servant.If you have become a tool for political propaganda, then you are doing politics, not art.
Johnny:Why is Lali doing politics?
President Milei:Didn’t she be funded by Quintela?Wasn’t it funded by the person on that yacht?
Johnny:Quintela?Is he the government of La Rioja?
President Milei:Yes, he did some gigs for the guy on that yacht.
Johnny:But does Lali Expósito need state funding?
President Milei:It was mainly because she did those shows, yes.
Johnny:Where is María Becerra?
President Milei:She surprised me, too.She went to a state-funded place and then criticized the state.Worst of all, she also lied about the fire.
Johnny:About the fire.
President Milei:Yes, during the Kichnerism period, the fire was badly handled.We reorganized all work on fire handling.Moreover, the state and provincial governments have acted in joint efforts to provide financial support to those who have lost their homes.She is spreading lies and criticizing us with lies.
Johnny:But have you handled 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 might be 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.
President Milei:OK, but you have to understand that if I ask for results and you don’t achieve it, I’ll 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 country, who is the responsibility for education, health and safety?
Johnny:In the provincial government.
President Milei:Yes, so these security issues are 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?
President Milei:In what aspects?
Johnny:In terms of political leadership of the country.
President Milei:When he needed help, he helped.Now he will help.
Johnny:How is your relationship with him?
President Milei: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?
President Milei: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 wishes.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?
President Milei: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’ve 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.
President Milei:Thanks, Johnny.
