“Today, like so many other times, I was talking with Domingo Cavallo. He is the only economist who stopped inflation and hyperinflation in Argentina,” Laspina published on his Twitter account.
In that message, to which he attached a photograph with the former minister and also president of the Central Bank during the last dictatorship, Laspina praised the macroeconomic vision of the creator of the Convertibility Plan put into effect at the beginning of the ’90s, during the government of Menem (1989-1999).
“We must recover their ideas to rebuild the Argentine peso, without stocks and with free choice of currencies,” Laspina highlighted.
In addition to Laspina, among the group of economists who advise Bullrich are Alfonso Prat-Gay, Hernán Lacunza, Eduardo Levy Yeyati, Guido Sandleris, Ariel Cronenberg, Dante Sica, Horacio Tomas Liendo and Carlos Melconian, who stands out for being chosen as eventual Economy Minister.
The bet on Melconian
Melconian is president of the Institute of Economic Studies on the Argentine and Latin American Reality (Ieral), the study house of the Mediterranean Foundation, of which Cavallo is also honorary president and where he served before taking over as a Menem official in 1989.
In addition to being part of that Government, in which Cavallo promoted privatizations and closures of public companies, he also joined the administration of Fernando De La Rúa (1999-2001), in which he shared a Cabinet with Bullrich herself, who served for a year as Minister of Labor and until a month before the social outbreak of December 2001 as Minister of Social Security.
In the last weeks, Melconian gained great public notoriety, since Bullrich not only chose him to be the head of the Treasury Palace in his eventual government, but also anointed him as his bishop before the media.
What does Domingo Cavallo think of Javier Milei and Patricia Bullrich
Recently, Cavallo raised similarities between the economic plan proposed by both Bullrich and the presidential candidate of La Libertad Avanza (LLA), Javier Milei.
“They seek to move towards an economy of free markets, open to trade and external investments, without regulations or taxes that undermine productivity and with a smaller and more disciplined public sector,” he wrote on his personal blog.
In addition, he expressed himself about the bimonetarism proposed by the Bullrich economists and in relation to the dollarization plan proposed by Milei.
For both measures, the economist maintained that “it is necessary to move towards the unification and liberalization of the exchange market in a non-traumatic way, that is, without a devaluation jump such as the one that would cause an immediate unification and liberalization.”
Source: Ambito
