"Campos Neto is reminiscent of Bolsonaro's ideology, and his goal is to torpedo the Brazilian economy," says Fernando Horta.
According to the historian, "there is no economic reason for the interest rate to remain around 13,75%. The reasons are political."
247 - In interview with TV 247Historian Fernando Horta criticized the president of the Central Bank, Roberto Campos Neto, stating that the economist is a "remnant of Bolsonarism" who, by maintain interest rates at 13,75%The objective is to deliberately disrupt Lula's government.
According to the historian, "there is no economic reason for interest rates to be this high. The reasons are political, and that is the problem." Horta mentioned the current discussion about an independent Central Bank and ironically remarked: "it seems that the Central Bank is dependent on politics and independent of the economy, because there is no reason whatsoever for interest rates to be this high; the reason being presented is political."
"It's important to understand this: Campos Neto is a remnant of Bolsonarism," the historian highlighted. It's worth remembering that Campos Neto was nominated for the position by Jair Bolsonaro (PL) and his Minister of Economy, Paulo Guedes. Furthermore, I was in the WhatsApp group titled "Bolsonaro's Ministers".Even though he had never been a minister, he voted in the last presidential elections wearing a green and yellow shirt, a symbol of Bolsonaro's supporters.
"His objective is to torpedo the Brazilian economy for a year in order to delay as much as possible the recovery that President Lula intends to implement, and thus undermine the effectiveness of the government," Horta concluded.
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