In the midst of climbing Dolar bluethe referents of Freedom Advances they insist with their package of measures. So, and after javier milei confirm the incorporation of the economist emilio ocampo to his work team, one of his candidates referred to the two pillars of the libertarian government program: dollarization and role of the Central Bank.
Alberto Benegas Lynchthe first candidate for national deputy for the province of Buenos Aires, obtained 21.91% of the votes in the PASSED8.49% less than miley. However, he repeats his economic analysis: “The project is the lfree choice of currencies. In the transition, the dollarbut to do the settlement of liabilities with BCRA assetsyou need to take a reference”.
“There is no national currency. The thing about sovereignty and the national currency is a scam to cheat us “, considered the economist and described the official dollar as “Soviet”. “It’s a joke,” he said.
Alberto Benegas Lynch on the Central Bank: “It will always be wrong”
“It is essential to abolish the Central Bank“, held Alberto Benegas Lynch in LN+. “People think, ‘what are we going to do without the Central Bank?’ and the truth is that they have been scamming her since 1935 ″, she pointed out, referring to the year the organization was created.
He also pointed out that the independence of the central bank is not a possible solution: “always going to be wrong. In short, that is the concept of central planning, which thinks that a committee of bureaucrats can say how much the demand for money has to be. That is something that can only be left to the market”.
“He central bank You can only do three things, make the decision as to what rate you are going to expand, at what rate you are going to contract, or whether you are going to leave the money supply the same. Any of the three things you do, it will be different from what the market would like”, he synthesized.
Alberto Benegas Lynch on inflation: “The problem is only the monetary issue”
The economist referred to the inflation index released this Tuesday, and considered that “people are beginning to understand it, but the rulers are always pulling smoke bombs. What causes the inflation it is the exogenous expansion of money that the government makes”.
“To continue with that central planning, they need to continue to intervene. So they go to the question of the maximum prices again. They keep changing their name, but basically what they produce is more distortion. The program causes the offer to be reduced, the demand to increase and the marginal suppliers, who are the ones with a very small margin, to be founded, which produces more scarcity”, he analyzed. Alberto Benegas Lynch.
To conclude, the Libertarian candidate said that “since there are many prices connected, there are increases, but the real cause of the acceleration of inflation it is not the dollar. They talk about the war dollarof the inflation of costs, of the inflation of sensations and others, but the problem is only the monetary issue. The price ceilings further complicate the situation.”
Source: Ambito
