“Argentina’s government is studying the possibility of removing public service subsidies from residents who buy dollars as part of the latest effort to protect the peso after a sharp devaluation last month. The idea is to strip subsidies that keep the costs of electricity, gas, water and other public services down for those who buy dollars for savings. ‘It is not fair that we subsidize electricity and gas for those that can save 20 percent of their salaries to buy dollars,’ Fernandez said. Fernandez said wealthier residents are buying the fewest dollars for savings since it is ‘more profitable’ to invest in other assets, including properties and businesses.”
http://www.worldbulletin.net/news/128338/argentina-mulls-benefits-cut-for-dollar-buyers
Tip Freedomwat.ch Staff with Bitcoin