Neither dollarization nor monetary issue

Neither dollarization nor monetary issue

Challú, who chairs the Council of National Entrepreneurs, explained that “none of these options will lead us on the right path, but will aggravate the crisis, because the real solution lies in a comprehensive economic plan, a sustainable development plan, that is based on the twin surpluses, that is, on the surpluses of the public sector and the external sector, but at the same time, this is supported by a vigorous policy promotion of production and productive employment”

“The imposition on the rent-seeking sectors of society – continued Challú -, together with the strong boost to production and productivity of the private sector, is what will create the conditions for achieving the twin surpluses, taking into account that it is not the public spending what creates the wealth of nations, but the wealth of nations is what enables the public sector to fulfill its functions in balance.

“This alternative is the one that we really should follow to solve the serious problems that Argentina faces and not dollarization and not the senseless deficit and uncontrolled emission,” he concluded.

Source: Ambito

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