Presidential Debate: Mili confirms he will seek to dollarize the economy and close the central bank

La Libertad Avança (LLA) candidate Javier Miley He confirmed during the second presidential debate that he would support two of his main campaign proposals on economic issues: the dollarization of the economy and the closing of the central bank. If he is elected head of state next Sunday, he will do so while presenting his economic and monetary policy ideas, initiatives that have been called into question after falling out with him. Maurizio Macri Y Patricia Bullrich After October 22.

“Are you going to dollarize the economy or not?”He insisted many times Sergio Massa To Miley during a discussion session on economics. After several attempts, the libertarian agreed: “Yes, we are going to dollarize the economy. We are going to shut down the central bank. “We are going to put an end to the cancer of inflation,” he said, though unlike in other cases he refrained from providing details or explaining how the mechanism for replacing the peso with the North American currency would work.

Immediately, Massa jumped on that commitment to question the idea: “I’m trying to tell the Argentines first what he said, then what our proposals are. First, the proposed dollarization is in Zimbabwe, for example, and the elimination of the central bank is in Micronesia. He already woke up Patricia Bullrich In another discussion. “Unfortunately, Argentina’s exit, as this man suggests, is not about allocating people’s savings in the name of dollarization,” the economy minister said.

The candidate of La Libertad Avanza confirmed that he will close the institution created in 1935 and that, in addition to the unfulfilled task of “protecting the stability of the currency” for many years, it has, among other functions, surveillance. Functioning of the banking system: “I’m going to finish with the central bank. Because the central bank is the origin of inflation. I mean, it’s a small machine. Do you know why I’m going to end inflation? Because this is what you are stealing from us. Do you know how many you have stolen from us over 20 years due to money problems? What about leaving with a change? 280 billion dollars. In fact, the government you participate in is the government without guilt. They rob us 90 billion dollars. This year it brings you 25,000 million dollars. You want to continue their lives by stealing from us with inflation? ” he asked Massa.

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