Overview
- He said an orderly dollarization is effectively impossible in the near term, arguing it would only occur in disorder.
- He asserted that Argentina can stabilize the economy using its own currency and regain confidence in the peso.
- He cautioned that chasing single-digit inflation in 2026 is not essential if large parts of the economy remain depressed.
- He argued that labor, pension and tax reforms cannot substitute for a credible macro program to build reserves, improve competitiveness, restart credit and remonetize the economy.
- He questioned the lack of public information about reported U.S. financial support and urged a focus on governability over the next two years.