Policy Options to Relieve Dollar Shortage

[Joe]

What are some of the future actions the government can take to relieve their currency problems?

Here are some of my suggestions:

1) Require all tourists to spend 500 pesos a day whilst in Argentina. The tourist would be required to convert dollars (euros, etc) to pesos based on the length of their visa. For example for 30 days (30 x $500). This would also be useful for keeping some of the riff/raff, i.e. Euro trash and American hillbillies out. Overstay would be subject to a $200 dollar a day fine.

2) Impose an asset tax of 5% per annum on dollar deposits.

3) Fine any newspaper, web site etc that advertises prices in dollars, 10,000 dollars a day. Any apartment advertised in dollars would result in forfeiture of apartment.

4) Any housing transaction not done in pesos would result in forfeiture of property and $10,000 dollar fine.

5) Make illegal the possession of gold, silver and other precious metals.

6) All safe deposit boxes would be subject to inspection and all foreign currencies and precious metals would be subject to confiscation.

7) All foreign accounts and real property held overseas would be subject to a 10% asset tax.

Any other ideas?

 

[Cordobese]

WTF? Are you Cristinas next financial advisor? Are you actually saying any of these ideas are good? What needs to happen is to let the exchange rate move freely........

 

[scotttswan]

don't give them ideas!

 

[solerboy]

All mattresses to be permanently stuck to the bed with superglue to prevent the hoarding of dollars !

 

[ElQueso]

All mattresses to be permanently stuck to the bed with superglue to prevent the hoarding of dollars !

Or all mattresses to be made of concrete so they can neither be opened nor lifted! Ruined backs of the people not important to the government...literally or figuratively.

 

[EdRooney]

All citizens will be required to change their underwear every half-hour. Underwear will be worn on the outside so we can check.

 

[notebook.fix]

A mandatory 7.30am, weekly Sunday morning colonoscopy at an AFIP Clinic to try detect for incompatible dietary habits, this would help to prevent tourists from secretly indulging & $plurging out on expensive exotic meals at tax dodging closed door restaurants.

 

[jago25_98]

bite the market this way and the market will bite you. when market fails its time to support and utilise the market to bring wealth and prosperity - no shortcuts like confiscations and arbitory taxes.

make it easier for the market to operate - there are always inefficiencies like doctors taking 10 years to qualify or regulations on starting supermarkets. Free things up.

Same for paying taxes. Outsource it if necessary - it needs to be more efficient.

But by far the biggest reason Argentina is poor is because it keep printing tons of money which goes where?

There are no cheap tricks, it takes effort. The market is like the Internet, try to disable it and it routes around. The the best thing is to go with it.

 

[solerboy]

I heard that once the new cinema studios are built the government are going to "discourage" the watching of imported movies

 

[mariposa]

What are some of the future actions the government can take to relieve their currency problems?

Here are some of my suggestions:

1) Require all tourists to spend 500 pesos a day whilst in Argentina. The tourist would be required to convert dollars (euros, etc) to pesos based on the length of their visa. For example for 30 days (30 x $500). This would also be useful for keeping some of the riff/raff, i.e. Euro trash and American hillbillies out. Overstay would be subject to a $200 dollar a day fine.

2) Impose an asset tax of 5% per annum on dollar deposits.

3) Fine any newspaper, web site etc that advertises prices in dollars, 10,000 dollars a day. Any apartment advertised in dollars would result in forfeiture of apartment.

4) Any housing transaction not done in pesos would result in forfeiture of property and $10,000 dollar fine.

5) Make illegal the possession of gold, silver and other precious metals.

6) All safe deposit boxes would be subject to inspection and all foreign currencies and precious metals would be subject to confiscation.

7) All foreign accounts and real property held overseas would be subject to a 10% asset tax.

Any other ideas?

this is hilarious. either you a) are really funny or b) are smoking something real powerful or c) are just out of your mind.

which one is it??