According to Espert, before thinking about a currency change, “ten million reforms” must be carried out and a level of international inflation must be achieved.
José Luis Espert, the new addition to Together for Change, described the proposal to dollarize the economy as “ridiculous”.
“It cannot be that a country worth its salt cannot issue its own currency. But obviously by definition I don’t agree with the Central Bank issuing the mess that we have of weight either. Argentina has to have international inflation in order to have a currency. Issuing money and having 150% inflation, as we are going to have this year, is not having money. Let’s be serious. In order to have currency or to say that you have currency, you have to have international inflation, 5% per year instead of 150%, and for that you have to make Argentina work, and for Argentina to work you have to make ten million reforms that They require a lot of courage, a lot of strength, a lot of political muscle, agreements on all sides. Therefore, starting to talk about currency exchange is a ridiculous thing, ”explained Espert, who joined the opposition alliance with his party,“ Avanza Libertad ”and will present himself as a presidential candidate at PASO.
“Aerolíneas Argentinas must be closed because of all the union mafias that are involved there. Good airline employees would find work quickly.”
Interviewed by Miter radio, Espert ratified his proposal to close Aerolíneas Argentinas. “You have to close it and decree open skies; foreign airlines would be delighted to fly to the eighth largest country on the planet. Aerolíneas must be closed because of all the union mafias that are involved there. Good airline employees—chapeau, hat off to me—would find work quickly. It is not necessary to have a company that in 10 years has cost us 100 high-tech hospitals that could have cared for the poor who today have no one to care for them in La Matanza, in the suburbs. The State is there to provide essential services, which no private could provide. Flying is not an essential service of the State, the private ones can pay for it. What is that that in order to have sovereignty you have to have a flag airline?, he raised rhetorically.
Asked about dollarization, the proposal that most identifies Javier Milei’s party, Espert ratified his position: “If you want to call yourself a country, you have to be able to issue currency. Otherwise, to me, it’s like saying you’re an adult and still wearing diapers. It cannot be that a country worth its salt cannot issue its own currency. But by definition I don’t agree with the Central Bank issuing the mess that we have of weight. Argentina has to have international inflation in order to have a currency. To issue money and have 150% inflation is not to have money. Let’s be serious. Before you have to do labor reform, reform of the State, open up to trade. There is so much to do that maybe you will take a presidential term. Why waste time today talking about currency exchange?, he stressed.
Espert together with Horacio Rodríguez Larreta, who promoted his entry into Together for Change, but also wants to add Schiaretti. According to Espert, on the other hand, now is not the time
Espert stressed that even those who propose dollarization today “as a magical thing, admit that they have to make ten million reforms. So let’s not waste any more time. Why don’t we discuss the things that must be done to have international inflation and then we start thinking about the delicatessen, the icing on the cake (…) but until that day comes, at least one presidential term is needed, ”he ratified he.
Regarding his incorporation into JxC, he said that it gives “oxygen” to the opposition alliance and addressed the issue of security. “It cannot be that in terms of security we continue to have the revolving door and innocent people living behind bars or that if they do not live behind bars they end up, like this couple from San Antonio de Padua, riddled with bullets by criminals,” he said. These are things from “a crazy country”, he reflected, “in which the minister of 150% inflation has the toupee of wanting to impose conditions to be the sole candidate of the Frente de Todos. I’m talking about mass. It’s the same revolving door nonsense, with the innocent living behind bars.”
“With import substitution, they have sold us a rotten fish as big as a house: everything is expensive, people cannot make ends meet”
The economist also criticized the current tariff structure. “It cannot be that a car placed in Argentina starts out costing 35% more expensive than in Chile or Uruguay. And so everything. We have to connect with the world in another way. In addition, the sectors that compete with the world are those that pay the best salaries. With import substitution they have sold us a rotten fish as big as a house: everything is expensive, people cannot make ends meet”.
Finally, he referred to his incorporation into Juntos por el Cambio and ruled out that Juan Schiaretti, the governor of Córdoba, could join at this time, as Horacio Rodríguez Larreta and the governor of Jujuy, Gerardo Morales, claim. “The great novelty of the last 4 years, from when we sowed the seed in the 2019 elections, is that now the whole world is trying to conjugate the word freedom. So it seems reasonable to me that the main opposition space has been oxygenated with the incorporation of the liberals. Incorporating a Peronist now in the middle of an electoral process when JxC has Luis Juez as a candidate in Córdoba, does not make much sense. In any case, later we can discuss the ideas that you want to incorporate, it’s how much you want to change. What we cannot fall into is the accumulation that does not think the same about anything ”, he concluded.
Keep reading:
What will happen to inflation?: The data for May in CABA and Córdoba cooled the fear of double digits Argentina’s controversial relationship with China: debt, mega announcements and a huge trade deficit
“Barrani” economy and Taylor Swift effect: what do experts think about a supposed “invisible strength” in the midst of the crisis
Personal Assets: who does the tax apply to and the 9 keys to keep in mindMore than 450,000 workers could not find a private job in the last decade