The Limited Times

Now you can see non-English news...

Forbes warned that if Javier Milei does not dollarize the economy "it will be heading towards failure"

2024-02-12T22:10:00.388Z

Highlights: Forbes warned that if Javier Milei does not dollarize the economy "it will be heading towards failure". The CEO and editor of the North American publication assured that Argentina "has more than enough greenbacks" to take the measure promised by the President. "On your shoulders rests the cause of freedom and free markets in the world," he noted. “Since his electoral victory, those people who always say no have inundated him with an avalanche of warnings that it is not possible to dollarized the economy," Forbes insisted.


The CEO and editor of the North American publication assured that Argentina "has more than enough greenbacks" to take the measure promised by the President. "On your shoulders rests the cause of freedom and free markets in the world," he noted.


Steve Forbes

, CEO and editor of the North American publication that bears his last name, sent a message to President

Javier Milei

in which he warns him that his "revolution for freedom will be heading

towards failure if he does not immediately dollarize the economy

."

Through a video broadcast by the medium's platforms, Forbes expressed: "Dear President Milei: on your shoulders rests not only the future of your country, but also

the cause of freedom and free markets in the world

."

"Last month he gave one of the great speeches of our time at the World Economic Forum, where he made a solid defense of capitalism and accurately described the threat we all face from modern socialism," Forbes began, introductoryly, in its letter. recorded open.

And he moved forward with praise.

"In that forum he described very well that if governments do not take care of owning assets as they want, the old Marxist line controls the economy and our personal lives. As soon as he took office he did not waste time proposing a wide range of reforms," ​​he highlighted. .

Then came the warning from the director of one of the most influential economic media.

"But Mr. President, your revolution for freedom will be heading towards failure if you do not immediately dollarize the economy,

it will not succeed

."

.@SteveForbesCEO issues an open letter of "warning" to Argentina's President Javier Milei about his immediate need to replace the Peso with the US dollar or risk the success of his freedom revolution.

#WhatsAhead pic.twitter.com/qQVUnvFFVZ

— Forbes (@Forbes) February 8, 2024

And finally, the editor assured that Argentina has "

more than enough greenbacks

to carry out the process."

“Since his electoral victory, those people who always say no have inundated him with an avalanche of warnings that it is not possible to dollarize the economy.

That shouting chorus of detractors is wrong

, totally wrong," Forbes insisted.

And he once again asked for the dollarization of the Argentine economy.

"

You can do it right now

. Opponents claim that Argentina does not have enough US dollars to exchange them for pesos, but that is not true. Its government already has more than enough greenbacks to buy every peso note and coin in circulation and “There is a lot of money left over,” he said.

News in development.

D.S.

Source: clarin

All business articles on 2024-02-12

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.