Roberto Cachanosky on the Leliqs: “Kirchnerism left an atomic bomb”

2023-11-27 17:56:25

There are those who maintain at this time that the plan that has been prepared Javier Miley To face the problem of the Leliqs would be to go into debt in dollars.

In this context, the team Channel E He contacted the economist Roberto Cachanoskywho spoke about the Leliqs and their impact on the country’s inflation.

The Leliqs problem

“I do not know in detail Luis Caputo’s proposal to face the Leliqs”said Cachanosky, who then completed: “The Leliqs are issued pesos that the Government rescues from the market in exchange for an interest rate.”

“The interest rate in October paid 10 points of GDP,” said the expert. “If people are going to withdraw silver, that would generate enormous hyperinflation. It is also a problem for the unification of the exchange rate,” he added.

Along the same lines, the economist said that the Government is expected to take 15 billion dollars to sell in the market, absorbing pesos to pay people. “It is important to see at what rate the loans are obtained”he explained.

“It is a very complex problem to solve, perhaps the best solution is a bankruptcy of the banks,” shot the interviewee. “I don’t understand why banks should have different regulations”he added.

Finally, Cachanosky said that banks are stopping renewing Leliqs and moving towards a pass scheme with daily renewal. “Kirchnerism left an atomic bomb”he concluded.

1701108780
#Roberto #Cachanosky #Leliqs #Kirchnerism #left #atomic #bomb

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.