2023-08-10 02:00:00
On the threshold of the PASO, a journalistic report, trying to temper the repudiation of the Argentine people towards the international lender, ensures that the interest rate charged by the credit agency in its “rescue” operations barely reaches 3% per year. The data did not pay attention to the mathematical prodigies that financial engineering makes available to international finance, and on this occasion at the service of the IMF. Despite the plot that protects the maneuvers of the international “usurer”, someone deciphered the symbology that hides information hidden from public opinion, by the President and the then Minister of Economy Martín Guzmán (“Negotiations with the IMF”, LA GACETA, 08 /11/21) when the agreement with the IMF was signed in 2022. The decoding shows that the “imposed” interest rate was 4.033%, which, pressured by surcharges, brought the Annual Effective Rate to 7.033% per year, that is more than double the officially reported rate. The combination of financial variables, disguised by the expression “surcharge”, increased the APR by incorporating the following percentages into the initial rate of 4.033%: 2%, for the granting of a “disproportionate” loan (La Deuda”, LA GAZETTE 09/25/20) based on Argentina’s quota; 1% because it is a credit granted for “medium” and/or “long term” terms. These financial maneuvers, plus the fact that the IMF controlled the Argentine economy for 41 years, beginning with the Breton Woods agreement signed by Pedro Eugenio Aramburu in 1956, which opened the gate for the “financial homeland” to enter the country, was the beginning of the successive indebtedness, and therefore the economic stagnation, fruit of the conditioning and the impositions of the creditor.
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