According to the economist, this new currency project, whose first bill would bear the face of the political and constitutionalist leader Juan Bautista Alberdi.
José Luis Espert proposed the creation of a new currency for the country called “Peso libre”. The national deputy for Avanza Libertad presented an initiative with the aim of “let there never be inflation again” through a currency reform.
As the economist expressed in TN, this new currency project, whose first bill would bear the face of the political and constitutionalist leader John Baptist Alberdiwill be accompanied by the restructuring of the Central Bank to convert it into the “Independent Central Bank of the Argentine Republic”.
The emission of “free weight” will be accompanied by a “set of profound structural reforms such as opening up to international trade, new labor legislation, a drastic reduction in the size of the State to eliminate the fiscal deficit and reduce taxes, an educational reform that prioritizes demand, training in hard and soft sciences.
“Inflation is a monetary phenomenon. I’m not saying it. It was already modeled by a Nobel Prize in Economics, Milton Friedman, almost half a century ago and it is one of the most proven postulates by reality”said the deputy.
With its proposal, Espert seeks to “attack that scourge that eats up people’s salaries.” “Inflation generates uncertainty, misery, poverty, hunger, crime, drug trafficking. For this reason, we see the importance of creating a free weight.”
“free of speculation, free of withholdings, free of corrupt politicians, free of mafias, free of uncontrolled issuance. In short, we want our country to recover a key element of its sovereignty, which is to have a currency,” Espert said.
Source: Ambito
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