INFOBAE – Due to the lack of dollars, Argentine governments impose exchange controls, obstacles and distorting taxes. They also design measures to save foreign exchange inputs. My new book “For a Fairer and More Flourishing Country” exposes that our governments frustrate the population. They make expenses, investments, credits, different from the defendants. Excess expenses and salaries in the State and favored sectors.
The gap between the concrete wishes of the people and excessive state spending results in a shortage of dollars. Well, the population acts. Buy, pay, sell, collect, the goods, assets, monetary base, foreign currencies, that you want to whoever supplies them, in the conditions, prices, etc. fixed, agreed, as appropriate.
When officials force the provision of goods and assets not demanded, they must impose sufficient taxes to obtain sufficient payments or credits. Consequence: State decisions require funds, credits and taxes to meet expenses other than those desired by the people. Otherwise, people do not validate the funding desired by officials and turn them overseas, acquiring foreign exchange or for other purposes. The gap between people’s specific wishes and excessive state spending results in a shortage of dollars. Well, the population acts. Buy, pay, sell, collect, the goods, assets, monetary base, foreign currencies, that you want to whoever supplies them, in the conditions, prices, etc. fixed, agreed
The solution to the “lack of dollars” begins by agreeing on programs and financing validated by the population. Eliminating distorting regulations that hinder productive activities and make the country uncompetitive. Arranging expenses are made by individuals and / or entities that can best meet the individual needs of the group. Agreeing the funds to balance the accounts.
Exporters would try to sell more products abroad if they could get better prices and conditions. That the rulers could concede reducing redundant obstacles, commercial rights, exchange differences, etc. While the higher prices charged by exporters would raise domestic prices, the lower commercial fences, taxes on imports, would also lower the costs of inputs and others. Both trade liberation movements would boost the production of goods, services and the productive occupation of the people in the country.
The weakness of property rights is another incentive to the outflow of capital and accentuates the lack of foreign exchange.
In effect, the “lack of dollars” reveals the neglect of the community’s demands. A failure of the policy that should look after the individual interests of the whole. The institutional system is the one who should resolve these conflicts between suppliers and demanders, develops my new book “For a more Just and Flourishing Country.” The fastest growing and most prosperous nations feel no shortage of dollars because they choose to better serve the individual needs of society. Even in the South American neighborhood, countries are not short of dollars. Your people can buy them whenever they want on equal terms. In Argentina, the same variety of exchange rates and trade taxes exposes the conflict of views and power of the sectors in regulations.
Fairness of the rules that govern behaviors and activities nurture the income and well-being of dynamic nations. Justice is not sustained by a conflict-generating faction. Justice means equal standards for all citizens and residents, agreed upon recognizing their different interests. General consensus typical of democratic republics.
How can there not be a shortage of dollars when activities preferred by governments are subsidized, with dollars cheaper than those available to ordinary people and those who can export and generate productive activities are punished with export duties, exchange barriers and other barriers? ? Let’s not be surprised that poverty increases!
The book cited details the protocols that suffocate and impoverish us. In the last 40 years, the average income of each inhabitant fell by more than half, in dollars of equal purchasing power. On the continent, only Venezuela declined more. The worst thing is that if we do not change our regulations, we will continue downhill in the road.In the last 40 years, the average income of each inhabitant has fallen by more than half, in dollars of equal purchasing power. On the continent, only Venezuela declined more
Argentina was the sixth richest country on the planet when the Constitution of 1853/60 governed, which guaranteed equal rules. And it continued to attract immigrants and capital for many more years.
The arrogance of leaders who granted privileges to some sectors gave income higher than the opportunity cost. The consequence is that the affected sectors became much poorer. Altogether, we Argentines lost.