Lavagna asked "to change the speculative logic by the productive logic"
The deputy of the Renovating Front, Marco Lavagna considered that the Central Bank "has the Tools " for " control " the run against the dollar in recent days, which brought the price of the US currency above $ 23, but warned that " if not works in balance and in changing the logic, we will see more episodes ".
" These movements are a wake-up call, but I do not think they overflow, the Central will be able to control them because they have the tools. the imbalances that generated the run are still present "he explained.
For the economist, one of the biggest decompensation occurs in external accounts, which mark " how many dollars come in and how many come out. dollar it is genuine, it is getting smaller, it is compensated with speculative dollars, that when something happens they go away ".
"For now they will be able to control it, but if we do not work on the balance we will see more episodes, we must change the speculative financial logic by a productive logic" he added.
According to his opinion, the Government "opened the door to many speculative capitals, which, when they are generated, generate more and more of the humors of the world" .
Lavagna argued that raise the interest rate to 40% was an "extreme measure" of the Central Bank because the Government "needed to bring tranquility to the markets" but maintained that if it remains at that level or in the previous figures, close to 30%, it will impact productivity.
"The government entered a vicious circle from which it can not leave, in the next 15 days the rate must go down and then continue working to lower it further, and at 30% it is madness" he summarized. Finally, he warned that "the rise of the dollar will not go free in inflationary terms" .