The liberal economist Diego Giacomini He was for years one of the best friends of the libertarian candidate Javier Milei. However, they are currently fighting and recently broke his silence to question his former partner, who he said is “a stale conservative.” Furthermore, he criticized his economic plan: “Dollarization is inconsistent”.
Giacomini and Milei They met in 2005 and until 2020 they were able to develop a friendship that led them to co-author several books on the Argentine economy. They both shared a similar view on the reforms that they proposed to apply in the country, based on the liberal.
However, the relationship was broken three years ago when the current deputy burst onto the public agenda and changed his ties, friendships and even his way of understanding the economy from one moment to the next.
Currently estranged, Giacomini spoke on the program Minute One of C5N and questioned the electoral proposals of the candidate Freedom Advancesmainly the plan dollarization and the possibility of cutting 15 points from GDP.
DIEGO GIACOMINI: “MILEI thought that MACRI made the WORST GOVERNMENT”
Giacomini destroyed Milei’s dollarization proposal
“The dollarization The original one, which we did together, was completely different from this one, since there were dollars and it could be done without debt,” the economist explained at first, and continued: “To put an economy in debt is to put its citizens, the children, into debt. who were not born, to kindergarten children, to young people and adults between 10 and 15 years old. For what one thinks is the best, it is the antithesis of liberalism. The original dollarization was without debt. “The one he proposes is to get into debt.”.
He then pointed out that Milei’s ideological and purposeful turn occurred due to the lack of political support: “Javier, since he does not have political support, brings it to Emilio Ocampo, who proposes a dollarization that to execute it you have to place debt for US$30,000 million or US$40,000 million dollars,” he analyzed Giacomini.
In Giacomini’s opinion, it is a plan “inconsistent” because “It’s going to end in a boom, recession and then bust“.
When analyzing one’s own Milei, the economist said that “it has a fallacious reasoning the worse the better, because they think that the worse the situation is, the easier it is to make changes, but it is an intellectual horror. “Structural reforms to be sustained are when the conditions are best.”
Since 2020 they stopped talking due to the direction it took Milei, although they crossed paths on different occasions. There, Giacomini said that he took the opportunity to reproach him for his proposals: “I met him twice in these three years. Both times I told him stop bastardizing the ethics of private property and freedom. After this experience, liberalism is going to have to row in dulce de leche or mercury.” And accused him of being a “rancid conservative” who uses the ideas of freedom for his own benefit.
Regarding the libertarian’s reaction, he said: “He can’t look me in the eyes, he lowers his head, remains silent and walks out the front door. There are witnesses, it happened on a channel. I have intellectual honesty on my side.”
Although he did not want to talk about the personal life of the libertarian candidate, he did remember the cloning of Conan. “I received the cloned dogs with Javier in the Abasto tower, where he lived, and “I took the first photo of him with the dogs.”he related.
Source: Ambito