Damián Di Pace: “We have been in stagflation for 13 years”

2023-11-30 18:14:01

Finally, Javier Miley confirmed that the next Minister of Economy will be Luis “Toto” Caputowho thanked the president-elect this Thursday, November 30, for choosing him to be part of the team that will take office on December 10.

In this context, the team Channel E He contacted the economic analyst Damian Di Pacewho spoke regarding the economy that is coming for the next four years.

The economy of Javier Milei

“The dollar is receiving signals and making decisionsfollowing December 10 it is feasible that there will be an exchange rate correction,” said Di Pace, who then completed: “We do not know if the disarmament of Leliqs will be with Treasury debt, the market is waiting.”.

There are several alternatives to combat LeliqsThere are people who say that they are not a problem because they dissolve over time. On the other hand, Javier Milei thinks that people can dismantle their fixed terms to go towards the dollar, that would unleash a hyper,” explained the analyst.

Along the same lines, the interviewee said that a bonus can be generated to put into the market. “The majority of people are not going to invest in the fixed term, Javier Milei’s hypothesis is not very wrong”he detailed.

“Javier Milei stated and assured that there will not be a plan Bonex and that it is going to look for a market solution, that has to leave the saver calm,” said the analyst. “There is no need to panic, the president who is going to be in the Central Bank will surely raise the interest rate,” he added.

Finally, Di Pace said that inflation will accelerate due to the correction of relative prices in the economy. “We have been in stagflation for 13 years.”. What Milei proposes is something unique in the history of democracy, the engine of the economy has to be the private sector.”

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