Melconian’s opinion on dollarization: Is it possible?

Melconian’s opinion on dollarization: Is it possible?

“Dollarization is like being invited to eat noodles with tuco and there are no noodles,” said the economist. What do you think about the labor reform?

The Economist Carlos Melconian, one of the most listened to men in the city of Buenos Aires and adviser to the candidates of Together for Change on the matter, referred to the possibility of dollarize the economy, an idea launched by the liberal Javier Milei, and opined that it is not possible.

“Dollarization is like being invited to eat noodles with tuco and there are no noodles, which would be dollars. You have 3 pots of tuco, which are the liabilities of the Central Bank, and there are no noodles. You cannot dollarize, not even is ideological”Melconian said dismissing Milei’s ideas.

On the other hand, in an extensive interview with the journalist Thomas Rebord, defended the need for a labor reform. “There are eight million informal workers and six million people in the registered private sector. Since 2007, 0 registered jobs have been created. There we have a quilombo, let’s fix it accordingly. We must start looking for formats in a new employment relationship”, held.

who was the owner of National Bank during the management of Mauricio Macri, He also referred to the former president’s period of government: “In 2015 it was common that you had to be very austere and very shock fiscal and lax monetary. You had to cut the fiscal deficit but lubricate with monetary policy to alleviate and lower the interest rate. The opposite was done, it was lax in fiscal matters financed with foreign debt and very orthodox with monetary matters, with which you end up killing the economy.”

Melconian also gave a few details of the meeting he had months ago with the vice president Cristina Fernandez de Kirchner, a meeting that attracted great attention due to the crossover of political spaces. They were 3 hours that the economist described as a “very healthy” talk. “We talked for a long time about the present and the future,” he said.

The Rebord Method #53 – Carlos Melconian

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts