Blue Dollar - Over

[Rich One]

Sorry, I guess I wasn't clear.


because it's only 10% of the currency exchange (which, by the way, is just a number pulled out of a hat): You can't kill the blue without killing the dolar bolsa, which is virtually impossible.

YOU are missing the point the tourist and cueva blue rate xchange represent perhaps 10% of the illegal blue rate exchange.. The Dollar bolsa and liqui and MEP is another market.

 

[AmigoArtistico]

YOU are missing the point the tourist and cueva blue rate xchange represent perhaps 10% of the illegal blue rate exchange.. The Dollar bolsa and liqui and MEP is another market.

I never should have gotten involved in this discussion, but I'm not missing anything.

I think what I've said speaks for itself. I'm done commenting on this. (I could say more, but what's the use?)

 

[thorsten]

Amigo: I guess I get your argument: the dolar blue - even though the amount of money might not be too significant - has a big influence in terms of how Argentines perceive their economic situation. However, even if it would be possible to shut down the parallel market (which is unrealistic) and you would not have a daily quote of the blue market, people would just look at the discrepancy between the official conversion rate and the theoretical value, which is imo a better indicator anyway as it is not influenced by side effects like holiday season.

 

[Matiasba]

From what I heard, the US is now recovering and taking the dollars (inflation) they exported back.So the dollar blue will go up unstoppably, beyond what the goverment does.
Fact.

 

[AmigoArtistico]

Amigo: I guess I get your argument: the dolar blue - even though the amount of money might not be too significant - has a big influence in terms of how Argentines perceive their economic situation. However, even if it would be possible to shut down the parallel market (which is unrealistic) and you would not have a daily quote of the blue market, people would just look at the discrepancy between the official conversion rate and the theoretical value, which is imo a better indicator anyway as it is not influenced by side effects like holiday season.

You do understand my point.

thorsten, theoretical values are meaningless. Only markets can determine value.

Which theoretical value are you referring to? Yours? Mine? Kicillof's? Moreno's? Massa's? Macri's? Who's would be right? And for what reason? And how would you prove it?

If everything had a theoretical value that everyone accepted, there would be no markets.

(Sorry, I really was trying to bow out of this discussion.)

 

[AmigoArtistico]

From what I heard, the US is now recovering and taking the dollars (inflation) they exported back.So the dollar blue will go up unstoppably, beyond what the goverment does.
Fact.

Pancake batter is an excellent material for constructing flying saucers.
Fact.

 

[khairyexpat]

tourist and cueva blue rate xchange represent perhaps 10% of the illegal blue rate exchange..

Dollar bolsa and liqui and MEP is another market.

The 2 distinct shares of the blue markets. The 10% and the 90%.

Cuevas & tourists have little say in setting the value of the blue. (insignificant influence 10% ... if that )

Argentine economic policies and how they are viewed by Int'l markets and larger "dolar bolsa" which includes the "contado con liqui" and MEP have the final BIG say in setting the value of the blue., (90% of the market).

Would this seem reasonable to say ?

 

[AmigoArtistico]

Would this seem reasonable to say ?

Absolutely.

 

[Rich One]

In 678 when Captain participated, it was proposed that those that buy dollars at Cambio Official to Save. Should NOT continue to receive light and gas home subsidies...!! For being anti patriotic and promoting greed... YESSS

http://www.infobae.c...cibir-subsidios

Capitanich Forgot what he learned at Eseade ?


http://opinion.infobae.com/julian-obiglio/2014/02/03/capitanich-olvido-lo-que-aprendio-en-eseade/

Capitanich holds a Masters degree from The best Business Management School in Argentina ESEADE a joint program with the Austrian Business School.

......So it is the responsibility of the chief of staff reviewing the teachings he received while conducting his studies. Remember his teachers and classmates. Re-read the texts again and understand that the economic system is neither good nor bad. Has natural rules, operating mechanisms that are not governed by presidential or ministerial instructions. That the members of the society are human beings, and what they want is the greatest possible freedom to develop and stability. The State was created to ensure those rights. Not to violate them.

 

[steveinbsas]

"After winning re-election in 2011, Fernandez began to restrict access to foreign currency amid capital flight that surged to a record $21 billion that year. Since then, the government has implemented more than 30 measures to cut access, including taxes on credit card purchases and limits on online spending, that have failed to curb dollar demand."

Making anything illegal or more difficult to own always makes it more expensive.

This is equally true for dollars and drugs.