Ferenc Dávid, the economic politician of the Gyurcsány party, explained that the price of gasoline can be raised to the sky, the Hungarians will pay for it anyway, wrote drot.info. The Gyurcsányist politician previously urged a drastic increase in gasoline prices and the abolition of price caps. The Gyurcsánys would therefore make the Hungarians pay the price of the war.

I graduated from the economics university a long, long time ago, and they taught it then (…) There are products A, B, C: alcohol, gasoline, cigarettes. It is completely price inelastic. No matter what the price, it will still lose weight. It goes down for 2 weeks, it goes down for 3 weeks, it goes down for a month, and so the curve comes back and consumption stops. (…) This was hammered into our heads in such a way that the state does not have to worry about products A, B, C, it can raise and collect the tax with peace of mind

– Ferenc Dávid from Gyurcsány summarized his insights in ATV.

All of this means that the Gyurcsányist politician would abolish the gasoline price cap and let the price rise freely. Currently, the price of a liter of gasoline would be around HUF 800 without a price cap.

The Gyurcsánys would also abolish the price caps

The Gyurcsányist politician previously spoke about the need to phase out the fuel price cap by the end of the summer - in stages and with a "shared burden". The representative from the Gyurcsány party in the ATV also said that everyone should be involved in sharing the burdens.

Ferenc Dávid previously also attacked price caps. The left-liberal politician said on the Szeged TV broadcast that a price cap on gasoline and food should not be introduced, but rather that the population should save.

In my opinion, you should not intervene in market processes in this way, the costs should be disclosed in the price, so I think that this cannot be realized in the long term. (…) So I look at this matter very strangely

he said. He added: although he accepts that the government wants to protect the price of basic foodstuffs, he thinks that sooner or later we should still go in the direction of getting used to returning to competitive market conditions.

Ferenc Dávid would raise the price of gasoline to the sky/Source: MTI/Zoltán Máthé

In certain products, he continued, we need to spend more sparingly and more judiciously, and now that everything is frozen, whether I'm thinking of fuel, utilities, or food, this can lead to a little, let's say, waste.

Ferenc Dávid also got into a strong contradiction with himself when, in his next sentence, he began to trivialize the price caps introduced for "six" (actually 11) basic foods. According to him, inflation cannot be mitigated with this, since the fixed price established for half a dozen items is dwarfed by the fact that some food chains offer up to 100,000 different products.

It is clear, then, that with the Gyurcsánys constantly attacking the gas price freeze, they would make the Hungarians pay the price of the war.

Source: Origo

Featured image: MTI/Zoltán Máthé