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I'm not sure what you're arguing for. What is happening to your country is a typical result anytime any government tries to control the currency exchange rate
by macspoofing 10y ago
I'm not sure what you're arguing for.
What is happening to your country is a typical result anytime any government tries to control the currency exchange rate and prices of goods.
This also has the bonus effect of increasing corruption because it incentivises paying a bribe to a government official rather than dealing with the regulations.
Venezuela got away with it, somewhat, when you had oil money coming in. Even then your average standard of living was low. Now that oil prices have collapsed, you are where you are and absolutely nobody is surprised.
Your government simply needs to let go and allow your currency and prices of goods float freely according to supply and demand.
Is anyone in your government even considering it?