The citizens of neighboring countries try to take advantage of a local reality that is favorable to them: their dollars are taken as blue dollars.
Uruguayans crossing the pond with vans to buy for one, two, three or four families. Chileans doing the same but in Christ the Redeemer. Argentina is expensive for Argentines and cheap for its neighbors. Uruguayan President Luis Lacalle Pou recently declared that they are facing a problem at the border because “the prices of Argentine goods are extremely cheap and, naturally, the neighbors consume where it is cheapest for them.”
Learn more – Follow the price of the blue, official, CCL and MEP dollar in Argentina
The citizens of neighboring countries try to take advantage of a local reality that is favorable to them: your dollars are taken to blue dollar and even in several shops they can make purchases directly at a parallel price with North American bills.
We are going to give you comparative examples between the prices of a Uruguayan supermarket and an Argentine one. First brand Cream Cheese of 480 grams in Montevideo sells for 6 dollars while in our country it costs 2.40 dollars, that is, 40%. Wheat flour in the eastern state costs $1.67, that is, $821, when on this side of the Río de la Plata the most expensive is $232, a quarter of the value. Sugar is half the price, as is yerba mate, coffee, rice, and various basic necessities.
The strange vernacular model that has multiple exchange rates, 130% inflation expected for 2023, and more than 40% poor, collides with the neighborhood stability that does not exceed one annual inflation digit, has a single exchange rate, and poverty less than 15%. Countries that change the pilot of command, but economic stability is the mainstream policy despite the nuances.
It is not about a distributive bid or concentrated economic groups, but rather a permanent policy of macroeconomic disaster, to cover the collection shortcomings and aspirations of a policy of distributing rights without consideration as if it were a magical or generous fact that, accompanied by adaptive expectations, makes us a nation that seems to be submerged in a civil war, an armed conflict or a catastrophe when there is only irresponsibility in management.
Economist and Teacher (UBA). Mastering Public Policies. Consultant. Adviser in the Ombudsman’s Office of the City of Buenos Aires.
Source: Ambito
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