The economist and unofficial advisor of Javier Milei, Federico Sturzenegger, identified in the business corporation, he syndicalism and the peronism to the “Bermuda Triangle” that must be disarmed and accused them of being “blocking agents of change. The economist also spoke about the dollarization and his future role as Minister.
When speaking at the closing of the first day of the Forum “Rebirth of freedom in Argentina and the world”which organizes the Freedom and Progress Foundationthe former president of the Central Bank consequently said that The problem “is not from a hundred years ago, but our generation is responsible for the debacle.”
In that sense, he indicated that the triad began to operate “at the end of the ’60s” of the last century and that “the person largely responsible for this is President (Juan Carlos) Onganía”who exercised the dictatorship between 1966 and 1970. However, he highlighted that in the last elections society said “said ‘enough’: that was the mandate that Milei received.”
When wondering why “Argentines are not free”, Sturzenegger maintained that “There are interests that want this to continue like this” and cited two examples in which, he assured, “a piece of paper” prevents the development of that potential.
One of them is the authorization of the satellite company starlink, through DNU 70/2023, which annulled “a piece of paper that previously said it could not be done” and as of its repeal “the telephone companies will present national coverage services, with zero cost for the State.” The other is the vaccine against foot and mouth disease, in which “a piece of paper said that it had to be quadrivalent, despite the fact that two strains were eradicated more than 50 years ago” and reduced the supply to “a single laboratory in Argentina.”
The presidential advisor criticized “the regulator’s willingness to reduce risk” and stated that “we must be encouraged to take a little more risk.”
Federico Sturzenegger called for disarming the triad of “business corporation, the union corporation and the Peronist Party
By characterizing the interests that, in his opinion, impede economic growth, identified the three vertices of what he called “the Bermuda triangle of Argentina” and that they are “the business corporation, the union corporation and the Peronist Party, with their different names and different skins”.
“Peronism is the manager of the castes, the true conservative party of Argentina,” he exclaimed, in one of the passages of his speech most applauded by the audience.
For To deactivate this “triangle”, Sturzenegger urged to “disarm the power of the agents blocking change” and identified two factors: “For the business corporation is the competition and for the union, the savings banks”, while ensuring that abroad “they do not understand how in Argentina the syndicalism “it takes between 3% and 3.5% of formal salaries.”
Despite recognizing the difficulties, he noted that in the ’90s “the military caste was deactivated and (former President Carlos) Menem did so by eliminating conscription, which defunded them as soldiers and they ceased to be an important factor in the bid for power.”
“It is an arduous task,” he admitted, and rescued what he considered “an unprecedented democratic experience” that Argentina is experiencing, in which “the president gets angry with Congress and that is a sign of vitality of the system, we have to do it.” see it as a strength.”
At another time of the night, the economist was consulted about the delay in the implementation of the dollarization, President Milei’s “workhorse” during the electoral campaign as a proposal to eliminate inflation. However, Sturzenegger avoided giving an answer: I I don’t answer macro questions. Macro issues are for the minister (Luis Caputo). In this Government I deal with deregulation issues, that’s what Milei asked me for help in,” he said.
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