Only an artificial, dangerous president of an artificial central bank, an artificial president of the partially artificial Monetary Policy Council can fail to notice that inflation in Poland is artificial, that it is powdered – said Sławomir Dudek, economist, president and founder of the Institute of Public Finance, in the “Fakty po Faktach” program. . – Our economy is suffering from inflation fever, there is some inflammation in the body – he said.
The guest of the “Fakty po Faktach” program was Sławomir Dudek, president and founder of the Institute of Public Finance. He was asked, among other things, about the conference of the President of the NBP, Adam Glapiński.
An artificial president of an artificial central bank
– Only an artificial, dangerous president of an artificial central bank, an artificial president of the partially artificial Monetary Policy Council can fail to notice that in Poland inflation it is artificial, it is powdered. Centrally controlled and in reality it is not 8.2 percent (the latest reading of the Central Statistical Office – ed.) – he said.
As he added, “the president (NBP) also lied because he said that economists who have a different opinion question the Central Statistical Office data.” – This is completely untrue. I and other economists who talk about this artificial, centrally controlled inflation do not question what the Central Statistical Office calculates. The Central Statistical Office calculated inflation this way because these are our conditions. We have a government that centrally controls prices, we have a president who manipulates prices, and he (the Central Statistical Office) measured them – he explained.
– We actually have a patient suffering from inflation fever. Our economy is suffering from inflation fever, it has some inflammation in the body. First, the government distributed painkillers, steroids, no treatment, no antibiotics, and surgery was needed. And now they put the patient with high fever into a bathtub with ice – commented the TVN24 guest.
“The Miracle at Orlen” is worth 1 to 2 percentage points of inflation
During the conversation, Sławomir Dudek pointed out that “President Glapiński lied that the situation on the fuel market has zero contribution to reducing inflation.” -This is completely creative accounting. Why is there artificial inflation? Firstly, the “Orlen miracle”, which is worth from 1 to 2 percentage points to inflation. A lot – he said.
– I also have centrally controlled prices for railways, motorway toll gates, maximum prices energy prices further reduced retroactively. We also have a temporarily reduced VAT. And that was it Hungary. This amounts to 3 to 4 percentage points, i.e. 11 to 12 percent of inflation – he calculated.
The economist admitted that “inflation has fallen, but it is mainly a matter of the base, not the inflation processes.” – We compare ourselves to prices that increased significantly last year. In other countries, prices fell much faster. The president (Glapiński – ed.) compared himself to Estonia, where inflation was 20 percent at its peak, now 4 percent. Ours dropped to 11, core inflation is rising according to Eurostat. The inflation target is 2.5 percent – he reminded.
– There was a similar situation in Hungary. Fuel prices stable, but after the elections they went up by 30 percent – summed up Sławomir Dudek.
Main photo source: TVN24