Consumer Revolt? Yes! Yes! Now ! !

gringosabroso

New member
Oct 16, 2004
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The evidence mounts daily that the DR Gov't is manipulating the exchange rate, vis-a-vis the dollar, to the great disadvange of permanent foreign residents.
How can we effectively respond? I'm assumming that the US $ will return to RD 35 - 40 in Mar - May 2005 & stay in this range; as the DR Finance Minister [!!] & Goldman Sachs have publicly predicted.
1. Avoid victimhood!!
2. Avoid making any major purchases, if at all possible, until the US $ returns to at least 35: 1. Major purchases? Cars, appliances, furniture; or, anything costing more than US $250. Such purchases are almost always discretionary.
3. Play cat & mouse. Visit a store; pick out sometning expensive. Agree to buy it if the store will give you 35 Pesos per US $1. If refused, a probablility, tell the store that you will put donw a 5% deposit in US $, then pay the balance on April 15, 2005 in DR Pesos; failing to pay & to pick up results in losing the deposit.
4. If anough major merchants & vendors [ie car leasers] complan to the Gov't about this consumer revolution, the value of the dollar will inrease sooner, rather than later.
5. They have leverage, we don't. It's as simple as that.
6. Create a thread on this board, detailing where you shopped, the date, the price, the product, your offers, & the merchant's response. Be specific; name names.
7. Like a comparison shopper in the USA! Same principle.
8. Any other suggestions? Food for thought.
9. Anything for us to lose? Any laws being broken?
10. Avoid victimhood!!