The former director of the HSBC bank and member of the technical team of Together for Change criticized the dollarization proposal of the presidential candidate Javier Milei.
Gabriel Martino, former director of HSBC bank and member of the technical team Together for Change facing the general elections, gave statements to C5N on economic situation of the country and was against the proposal of dollarization: “Argentina He does not have an economic problem and he has plenty of Dollars”.
The economist of the opposition coalition insisted on the idea of presidential candidate Patricia Bullrich about an economy governed by bimonetarism. “I do not agree with dollarization, it seems to me that Argentina first has to go to bimonetaryism,” he said.
“Taking a step back, Argentina does not have an economic problem. Argentina has a serious political, cultural and ethical problem. The economy, there is a lack of dollars, but in Argentina there are plenty. “They are not in the government that the government wants them to be in,” he added.
Elections 2023: the JxC team focuses on dollarization
In other statements about dollarization, one of Javier Milei’s strongest electoral proposals in these Elections 2023, Martino I consider that “It is impossible to do it from one day to the next because there are no dollars”. But he did indicate that the country has to go for bimonetarism: “Today you have an amount of dollars, more than a gross product declared in the AFIP of Argentines outside the financial system. “They are not going to return them, they are going to start circulating them.”
In addition, the banker gave his opinion on Milei’s contacts with Walt Street and considered his trip to the United States “intelligent” because “Today Argentina has to go listen to see what they think of us. “We don’t have to go with prescriptions because we don’t have access to the market.”
“As of December 10, it is no longer Milei, nor Patricia, nor Sergio, it is Argentina. So, if Argentina has cohesion in terms of politics and plans on the table, could be made as a launching prop“, he added in relation to the libertarian proposal.
Source: Ambito
