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Álvarez Agis said that if Javier Milei wins "he would not have the money in a bank" and the libertarian candidate went out to cross it

2023-04-17T14:25:47.605Z


Dollarization and the closure of the Central Bank were the axes of the debate between the two economists.


Emmanuel Álvarez Ágis and Javier Milei staged a crossroads around the idea of ​​the libertarian economist to dollarize the Argentine economy and close the Central Bank of the Argentine Republic, if he manages to win as president in the next elections.

"If someone says that their economic program is to set fire to the Central Bank, which is the entity that regulates the banks, and

I would not have the money in a bank

," said the director of the PxQ consultancy.

The economist also questioned the

"dollarization ideas"

of his libertarian counterpart and accused him of seeking to generate a "bank run" with these proposals, because the "adjustment" then remains in charge of the market and not the eventual government.

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"It seems to me that when one is in the public arena,

not everything is worth it.

I am not surprised by the growth of expressions other than Cambiemos and Frente de Todos, because they have failed in the administration of the economy," he reflected.

At the same time, he expressed his concern that this growth in the Milei survey is due to "trying to generate worse misfortunes."

"Let's not call a bank run on TV, because it seems to me an absolute responsibility," she remarked.

For her part,

Milei came out to respond to criticism of her ideas of dollarization

and accused those who express these questions of being "lazy."

The deputy and presidential candidate for La Libertad Avanza maintained that those who support his idea are unaware of the "Central Bank balance", "impertinence to derive the demand for money in a static and dynamic general equilibrium", "ignorance of the role of the transversality condition " and "zero market logic".

And he completed later with another tweet: "From my point of view, given the inflation rate and its history, where the origin is the fiscal voracity and passion for theft of the Argentinian politician, there is no way to have domestic currency. Therefore, I think it would be better to discuss how to dollarize rather than vomit that it is impossible".

Álvarez Agis's harsh prognosis on the economy 

Álvarez Agis also made a

crude prognosis on the future of the Argentine economy,

starting December 10 when a new government takes office, although he maintained that "external factors" will help.

"The problems of the Argentine economy are not going to be solved with Vaca Muerta, nor with lithium, nor with green hydrogen, nor with the good luck that good weather, God and the world can give us," he said.

At the same time,

he listed the economic problems that the country is going through

, which he described as "very complex" with a "messy macro."

At this point in the diagnosis, Álvarez Agis and Milei do agree, who days ago indicated that the country entered a

"stage of permanent decline

, which translates into "greater poverty and indigence," he said.

"If we continue like this, Argentina is going to become the most miserable country on planet Earth," said the libertarian economist during his visit to the province of Chubut.

look also

Javier Milei crossed Elisa Carrió in defense of Mauricio Macri: "They hung up on him to steal charges and now they spit on him"

Agustín Rossi: "The only difference between Mauricio Macri and Javier Milei is the length of the dynamite fuse"

Source: clarin

All business articles on 2023-04-17

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