Those who propose dollarization are not telling the whole truth

Those who propose dollarization are not telling the whole truth

His comments were in clear allusion to the deputy and libertarian reference Javier Milei, who maintains that the exit from dollarization is the real alternative to end all the problems of the inflation and the lack of development of the local economy.

In this sense, the former Minister of Economy of Mauricio Macri’s administration indicated that “when they tell you ‘dollarization’ or ‘eliminate the peso, they are telling you is one of two: either I apply a Bonex Plan, if it is within my will, or I am going to do it once there is a hyperinflation that leaves devastated land”. Therefore, he added, “either they are expecting hyperinflation or they are hiding a measure that has not worked in the past.”

For Prat Gay, according to his analysis, if you want to solve the problem of inflation, it should not be through dollarization: “You have to have an independent Central Bank; a board of directors that if it does not comply, goes home and does not accept any instructions from the Executive Power; and suitable people to manage it who are not friends with power”He explained in yesterday’s interview.

Inflation and adjustment after the agreement with the IMF

In relation to this point, Alfonso Prat Gay estimated that “inflation is above 5% per month”, and projected a similar figure for the month of March, which will be known in the first days of April. “The increase in February of the basic basket was 9%”, indicated.

In this sense, the former president of the BCRA pointed against the management of the current Secretary of Domestic Trade, Roberto Feletti: “He came as the General who was going to win the war against inflation and, since he took office, food inflation is at a 80 percent per year,” he shot.

Source: Ambito

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