“The exchange rate from today forward can’t be delayed any further“, he stated in an interview with the program “If it passes, it passes”, hosted by Ignacio Ortelli on Radio Rivadavia.
“We must recover the idea of economic growth, of investment, of capital flows again. The exchange rate delay, if it exists today, is not because there is capital inflow or investment but because inflation ate the mattress“he further noted.
Along the same lines, he maintained that the country’s monetary problem lay in the fact that on December 10, the parallel currency was around 2,000 pesos, which he described as “madness” and “a phenomenal lack of productivity.”
“He dollar at $1,000 is a great dollar, a good dollar, and $850 is a good number,” he stressed, although he stated that this is a programmatic discussion, and added: “From today onwards inflation cannot go to 9% and you to 2%, all that ended badly, in the 1975, in 1980, in 2001, in 2011.”
For his part, he stated that the country must “avoid being in the hands of dogmatists and pragmatics is not a pancake weather vane.”
“That always made us clash. You have to be careful to always surround yourself with the same stick of dogmatism,” he added.
Likewise, he maintained that “people get up, go to work and want to see when their quality of life improves, when the credit comes.”
Salaries and economic recovery: the view of Carlos Melconian
In another passage of the interview, Melconian stated that he observes a “very slow” recovery of people’s purchasing power because Javier Milei’s government does not have “a stability program.”
“It is very important that in the governance stage there is a stability program, because only when you notice that there is stability and you have the patent to stay there can the investment begin, which is growth, labor and that’s where the salary flies. The longer you delay, the longer it takes. The rest is all story”, he developed.
Likewise, he remarked: “If this Government had elections in four years, it is liquidated. It needs someone to ratify and it is not the polls. Here you cannot go to the consolation prize of if inflation in June is one digit, then the goats come out that “The government is happy.”
For the economist, who was also Patricia Bullrich’s candidate for Economy Minister in the campaign, Milei must bet on growth and development.
“Sometime we must recreate the idea of growth, quality of life, development. The stability program is not yet in place. “A period is ending where emergency engineering was developed that cannot continue,” he emphasized.
“First comes stability, then Argentina has to resume growth and development. It is not even the discussion of the V. The V is the rebound of this recession to return to the problem of 2011, which is that the economy does not grow. So Once again the media is eating up the issue, Twitter is eating it, the amount of opinions that one collects out there is eating it,” he added in this regard.
What Carlos Melconian said about governance
He insisted that the libertarian administration “is having a hard time” gain governance, which he described as the “effectiveness to apply what you want, to make it reliable, and to sustain it”, although he highlighted that society is “banking” the adjustment carried out by the administration.
“It’s no use thinking if (Milei) dropped three points. Those who want to screw with the President are waiting for him to drop 10 points. People are expectant. You have to start governing in only one way, which is by agreeing,” he said, and concluded: “If those who come to agree want to continue with the old trick, the people have already said no,” he pointed out.
And he concluded: “But we have to stay there, because if not, if we continue making television, radio and newspaper programs, where one day those who are with those of the 56% speak and another day those of the 44% speak and leave.” bartering, and “We’re not going to go out like this.”
Source: Ambito
