Alberto Ades Defended the Value of the Dollar: “It’s the Level that Makes Sense in a Transition Economy”
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The economist, who previously supported the government's course, again raised questions about the value of the exchange rate. In addition, he said that there are actors who "will not survive" the economic transformation.
The economist spoke with Radio Splendid, and considered that it will be just the success of the structural reforms "that makes Argentina more expensive in dollars." Last days Milei took him to the Cabinet meeting, fueling speculation. Read more
An economist close to President Javier Milei recommended devaluing him in the midst of a severe crisis of late payment and widespread indebtedness. This is Alberto Ades, Harvard Economics Dr. and lawyer, who said that “a higher real exchange rate would help sectors competing with imports” even though others “will not survive” the brutal coup. His name was news this week because he was mentioned as the possible replacement of Luis “Toto” Caputo a…
The economist, in Splendid AM 990, crossed the debate over the currency lag and assured that the success of the structural reforms will make Argentina “more expensive in dollars.”
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