Read his interview to the Big State today.
Guido said no more creative accounting. Said they did nothing wrong but wont repeat things people may inadvertenly judge wrong! Conclusion: people are dumb, cannot grasp simple accounting, but instead of fighting unlimited and widespread idiocy he will yield and follow a dumbproof fiscal policy. Thanks, guido, tks for respecting our incapacity to understand you.
Guido also mentioned brazil is performing poorly because of the international scenario. Guido, how do you reconcile that sort of demand driven explanation with persistently high domestic inflation? Could u clarify that to me? And how come other countries are not doing as bad as Brazil?
You know what? Never mind answering.