An analyst predicted the dollar at $220: It is inevitable

An analyst predicted the dollar at 0: It is inevitable

Also, the retail dollar -without taxes- increased three cents this Wednesday, April 27, to $120.13 for sale, according to the average in the main banks of the financial system, while in the Banco Nación the ticket remains unchanged. at $119.75 for sale.

Therefore, the savings dollar or solidarity dollar -which includes 30% of the PAÍS tax and the 35% deductible of profits- rose four cents to $198.21 on average.

On the other hand, the informal dollar erased almost all the rise it had registered on Tuesday, to close at $206.50, although the gap with the wholesale official exchange rate remains high at 79.5%.

Faced with this reality, which shows a dollar without a ceiling, the specialist in Financial Education and Entrepreneurship daniel adlerassured that “All crises are opportunities, even the current bullfight is going to stabilize, normalize, so there is no need to be afraid. It is not something negative that the informal dollar is worth 210 or 220. It is inevitable as a result of the monetary issue and the erroneous economic policies carried out for 60 years”.

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Adler explained that: “95% of people -monotributists, entrepreneurs, independent professionals, etc-, have a bad handling of fear. When they panic they tend to contract their business. For example, an SME decides to keep or sell machinery, stops doing or cuts advertising, lays off employees, etc”, and then clarifies “there is another 5% who know that problems are opportunities and that any earthquake is temporary and that the best way to pass it is to keep walking. Instead of contracting, they use fear to their advantage and expand, hire labor, buy machinery from those who sell out of fear, etc.”

On the other hand, the specialist added that “Right now is where you have to bring it out and have business awareness and try to keep prices at the current level and not increase them. We came from a very cheap dollar and quietly, the businessmen could not increase prices”.

In this sense, Adler stated that “brands must move forward, working independently of politics and the economy; for which it is also important to filter the information we receive. A good entrepreneur knows how to control their work emotions and make strategic decisions, which is essential. Let us remember that the predictions about the final collapse of Argentina come years ago”.

Source: Ambito

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