The dollarization will be one of your priorities: Javier Milei He insisted on implementing the US currency and predicted that – if he is elected president – it will be before 2025. In addition, he criticized the argentine peso: “It is the currency issued by the Argentine politician and therefore It can’t even be worth excrementbecause that garbage is not even useful for compost.”
To detail the process involved, the libertarian candidate began by explaining that “the dollarization is to rescue the liabilities of Central bank, what are the Leliqsthe passes and the monetary base. That gives a certain amount of pesos. The Dollars that are needed are that amount of pesos divided by the exchange rate“.
In this context, he indicated that “if we win the electionshe first day that we reach the Government we are going to call extraordinary sessions. We are finishing a package of measures that we are going to send to Congress to send the reforms and within them will be the reform that implies the elimination of the Central Bank”.
Then he explained that “monetary liabilities must be separated from central bank in two: on the one hand the Leliqswhich is faster in terms of time and three months you can liquidate it. At that time you can open the stocks and end that problem. What takes the most time is the conversion of the monetary base“.
It was then that he exemplified the deadlines with the processes that occurred in Ecuador and The Savior. “Ecuador “He wanted to do it in three months and he couldn’t solve it operationally because you don’t have the money to do it,” he said and assured that “he was only able to do it after nine months.”
For his part, “The Savior didn’t have such a pressing situation, so they left the option up to people and took a while 24 months. We are proposing an option like The Saviorbut when two thirds of the monetary base They are automatically converted and you make the total settlement. It will depend on what people decideregarding the exchange of bills”.
In that sense, although he shielded himself from “individuals who are going to determine the time,” he predicted that “given the Argentine situation, the macroeconomic context and similarities with the Ecuadorian case”, “it is more likely to resemble Ecuador that to The Savior, but who will determine the time are the individuals.”
Javier Milei denounced an attempted ban after the exchange rate run
After the complaint that was formalized Alberto Fernandez against him for “public intimidation“, the reference of Freedom Advances, Javier Mileiled a press conference with Ramiro Marra (candidate for head of Government), Carolina Piparo (applicant for governor of Buenos Aires) and Agustín Romo (member of the list of national deputies for the province of Buenos Aires).
The current national deputy read a text during the conference and only interrupted his speech to rebuke one of the journalists present. “Ask, do those who are speaking want to be part of the conference? Find a way not to interrupt. you are rude“. In his conclusion, he was provocative with the ruling party: “Make all the complaints you want. “Nothing is going to be able to prevent the beating that we are going to give him in a few days at the polls.”
“We have been informed that the President of the Nation, Alberto Fernandezhas filed a complaint for public intimidation against me, Ramiro Marra and Agustín Romo. This complaint is filed after the Minister of Economy, Sergio Massasaid yesterday before the media that they were going to put prisoners to those allegedly responsible for the exchange rate run that we are living,” he began.
Furthermore, he pointed out that “statements from members of the CGT openly asking for my arrest so that I cannot take office if I win the presidential elections”, and analyzed: “This chain of events clearly indicates that the Kirchnerism is trying to dirty the electoral process or even outlaw to the most voted political force in the elections August, because they know that we are just a few minutes away from winning in October and ending their government of criminals forever”.
At the same time, he understood that “Together for Change is complicit in these attacks because no one in their right mind would make the statements they made, unless they are complicit in stealing from Argentineswhich I do not rule out.” He also referred directly to the president Alberto Fernandez: “It terrifies with its economic policy. […] I would tell him: ‘Alberto, you are the one who scares people with your admiration for Alfonsín and you want to bring it to life in an intense way.
In the conference, Javier Milei He emphasized the economic aspect: “We are not going to accept under any point of view that the Government intends to separate itself from the responsibility it has for the economic disaster that they are causing with the measures that they themselves took.” “Am I responsible for the fiscal deficitof the monetary issuefrom the taking of debtsterilization with Leliqsof each of the regulations that are destroying the productive system, of the stocks?”, he asked himself.
Source: Ambito
