What is a trust? – AgenHoy the News Portal of Florencio Varela

President Milei has mentioned the word repeatedly, but what is it and how does it influence our daily lives? It was explained by the economist Fabián Medina, on AgenHoy radio.

“The caste for Milei is the worker and the retiree. I’m going to give you two pieces of information: oil trust and wheat trust. With the wheat trust, the baker bought the cheapest flour because the State provided money, as did the producing companies, therefore the first time it created a bottleneck problem for the companies and then it began to circulate because they made “Because flour is cheaper, you paid $10 per kilo for bread,” the economist explained.

And he continued: “There were around 30 trusts throughout the national State. The trust is a way to separate the international price from the internal one. When Milei eliminated Secretariats by not having officials, what she generates is that the trusts are left in the air, and she wants that money to be in the pocket of the General Treasury, the same thing she did with the Transportation Compensation Fund.

LISTEN TO THE FULL NOTE, HERE:

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