The president of the Central Bank, Santiago Bausili, and the former Minister of Economy and now politician Hernán Lacunza starred in social media over the delinquency among families who took out loans.
The exchange occurred after the Government ruled out state intervention to relieve those who have accumulated payment delays. President Javier Milei had indicated that this is a problem between private parties.
Lacunza made an analogy: “A car crash is also a problem between private parties. Sometimes, later, the police, an ambulance, or a judge has to intervene. That is, the State. No one thinks that the judge should pay for the damages with public money; rather, they review compliance with regulations and encourage voluntary agreements.”
He added: “The same goes for credit. If it is ramped up to 100 per hour to recover lost consumption, without financial education, it is more likely to hit the bumps.”
The response from the head of the BCRA
Although Lacunza did not directly mention Bausili, the president of the entity responded firmly. “Weak, Hernán. You jumped from being General Manager of the BCRA to Politician almost without any stops. You transform resolving an economic dispute between private parties into a completely false sense of lack of oversight. As if you didn’t perfectly know how reality works,” he wrote.
