FACTO DOLLARIZATION IN VENEZUELA

in #venezuela8 years ago

DICOM.jpg

We charge in bolivars and pay in dollars. That is the Venezuelan reality, commercial transactions in dollars are increasingly booming; houses, cars, appliances and even services are being sold in dollars and not precisely at the rate of the so-called DICOM; Market Floating Complementary Exchange Rate System, which, as I understand it recently, was written off by the government, or is in the process of extinction. Which certainly does nothing but reinforce the thesis of the thunderous failure of exchange control, which only favors the privileged groups.

Venezuelan society in full, and the world, cries out for a change in the country's economy, which helps stabilize prices and puts a brake on the gross and disproportionate inflation that daily diminishes our purchasing power, and makes us poorer . The government is still mounted in the cloud of economic warfare, which if true won the battle and corrective measures are not applied according to experts in the field, aim to dismantle exchange control and free prices, so that the economy adjusts to the vagaries of the market, in terms of supply and demand.

Now, I wonder to what extent the prices are really controlled by the government, being that here everyone buys and sells at the price he wants and this happens for two reasons; the government does not exercise the authority it must to enforce the laws it promulgates and on the other hand there is no production of goods and services sufficient to meet consumer demand.

The common seller is hiding in parallel dollar prices to justify their excesses, but often is discovered in his bad intentions when lowering the prices of the black dollar, it is not the same with the prices of the products he sells. I go further, someone explain to me What impact can the dollar have on the price of the kilo of cassava, or of potatoes or potatoes?

The certain thing is that before the imminent escalation of the prices and the blandenguería of the government, the common Venezuelan one is doing it juggling to survive. It is urgent to take measures that go beyond a pyrrhic increase in the minimum wage and reach the root of the weeds that now eat up our economy and threaten the destruction of Venezuela, which was once a reference for a prosperous economy for Latin America and the Caribbean. world, especially because of the abundance of its resources.

FUENTE: HIGINIO VILLALOBOS

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