2023-04-18 02:36:00
The national deputy for Avanza Libertad, José Luis Espertpresented this Monday, April 17, an initiative with the objective of “that there will never be inflation once more“. For that, he spoke of a monetary reform that will have as a new currency the “Free Weight”.
According to the economist interviewed by the journalist Diego Sehinkman on your show just one more lap which is issued by TNthis project for a new banknote, which bears the face of 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 issuance of the “Peso Libre” 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 on demand, training in hard and soft sciences”.
“Inflation is a monetary phenomenon. I don’t say it. It was already modeled by a Nobel Prize in Economics, Milton Friedman, almost half a century ago and it is one of the postulates most demonstrated by reality,” said the deputy.
Espert: “Dollarizing is a leap into the void”
With its proposal, Espert seeks to “attack that scourge that eats up people’s salaries.” “The inflation generates uncertainty, misery, poverty, hunger, crime, drug trafficking. Therefore, 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 having a currency,” said the deputy.
The maximum referent of Avanza Libertad intends that the monetary reform gain strength as an important measure to combat inflation that in this first quarter was the highest in the last 32 years.
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The deputy stressed the importance of having a strong currency. “With this Free Peso, Argentines will be able to save without fear that everything will blow up. Our economy no longer supports any more experiments: dollarizing is a leap into the void and we believe that the best proposal is to preserve national sovereignty through a new currency that synthesizes the large number of structural reforms that will be achieved”Spert concluded.
ED
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