what about the farmers and rural areas, how is inflation impacting them?
Discussion
Farmers are destroyed by regulations. The state takes the dolars they make selling on the international marjets at the "oficialx rate and gives them Pesos (ARS) then if the farmers want to save thye have to re-buy the dollars at the black market rate wich is double the official one.
So the state steals at least half of what the producer makes and that is not even counting any other tax or the effect of the inflation tax.
Thanks for this answer.
As for my region which produces apples and pears the story is known for decades. And a bit different
There are two or three main exporters living under those rules explained by my co patriot. They export so they get dollars ruled by government. It is still somewhat profitable for a few.
But for medium and small apple producers, costs of production have gone up yet prices of apples cannot pair because of government boots stepping them and people not being able to pay those prices.
I mean if government would release apple price to go up to find its true level . People wouldn't demand it because it would go crazy high.
So we have this situation here.
Abandoned apple and pear farms. So high offer of virtually free fruits
Apple and pears harvested and thrown away to make juice or cider or sold at a cheap cheap prices.
(All this in internal market)
Some producers just survive out of subsidiary money.
And the few of them associated with a large exporter company complying to international regulations and such... they make a living. No more no less....
So the whole immense vast apple and pear producing valley here is changing to produce maybe feed for cattle or just making big residential land for real state speculation.