Martin Redrado He was one of the leaders of the Central Bank from 2004 to 2010, in one of the least turbulent administrations in living memory. His extensive knowledge of the market and the government make him an authoritative voice to denounce the irregularities that are currently taking place in the country.
Martin Redrado He recently spoke about a rather controversial maneuver that the government is carrying out to capitalize itself and be able to face not only debt maturities, but also the possibility of ending the exchange rate restrictions once and for all.
The strategy that “Toto” carried out Caputo It was warned by hundreds of specialists and even by Martín Guzmán himself at the time. Specifically, Shipments of gold were sent from the Central Bank to London as collateral for loans taken out in dollars.
A few weeks ago, the Minister of Economy himself had confirmed that gold was sent from the national treasury to England and now trucks with the logo of the BCRA have been seen on the Riccheri highway bound for Ezeiza. Once again, gold was supposedly sent to the English Central Bank.
He former president The BCRA mentioned that the maneuver of sending the valuable metal seemed strange to him, to say the least, and that the banking institution should have taken measures to clarify what happened.On the other hand, he does not remember anything like this having been done in the last decade.
“It is not usual”
In this way, the national crisis is deepening, even though the Minister of Economy mentions that it is a “positive” move. Some orthodox people say that, because the English are mercantilist, it is in their interest to incorporate gold that is not known for certain when it will be returned.
The danger
Martin Redrado He anticipated the danger of secrecy regarding the national gold reserves that were sent abroad, which puts the national government in check. As is known, Caputo has already been accused of squandering state money and diverting it to companies he owns.
The future of the country is more at stake with the current state’s maneuvers, since it is very difficult for the national gold to return due to the loans made at high rates. In this way, the public debt grows, while the same people as always get richer.
