Surprisingly most overpriced items in DR.

[mountainannie]

Let me try this again in a language easier to understand: In the documentary i saw in Norway about U.S and E.U farm subsidies, it clearly stated that U.S farmers were able to export their chickens all the way to the Dominican Republic and undersell local farmers despite the export cost. this means that the U.S farmers are being heavily, heavily subsidized to such an extant, that their able to export things thousands of miles away and still make money...all thanks to good Ole Uncle Sam.

The same holds true for the E.U subsidies in europe hurting African farmers.

This has the consequence of hyper-inflating certain prices.

Does this sound remotely fair?

Frank

William Easterly Aid Watch | just asking that aid benefit the poor

has said that the developing world loses 6 times as much money because of US and EU subsidies than it gets in foreign aid

no

it is not fair

and why the DOHA round of trade talks has collapsed......

the little guys have figured it out

 

[pi2]

Tell me: which of those are not done in the US, Cananada or Europe.

All like stability but you asked me the things that the DR does - they are not exclusive to the DR.


pi2

 

[cobraboy]

All like stability but you asked me the things that the DR does - they are not exclusive to the DR.


pi2

What they do DIFFERENTLY.

But a "stable" price controlled by gubmint can creates havoc in the free market. All it does is transfer wealth.

 

[pi2]

What they do DIFFERENTLY.

But a "stable" price controlled by gubmint can creates havoc in the free market. All it does is transfer wealth.

The transfer of wealth can be good. If poor farmers have a steady but not excessive price that covers their inputs they continue in business . They do not starve and do not become a burden on the general community through social security payments etc. or can be forced to live in squalor near big cities.

If there is a glut or people cannot afford to buy produce the price drops below the cost of inputs. Also a natural calamity. In this case poor farmers are forced to borrow at first, using land as security and in the end may loose the land. This has happened in India etc. resulting in many suicides.

Activist: Farmer suicides in India linked to debt, globalization - CNN

Suicide epidemic hits bankrupt farmers of India — RT

pi2

pi2

 

[cobraboy]

The transfer of wealth can be good. If poor farmers have a steady but not excessive price that covers their inputs they continue in business . They do not starve and do not become a burden on the general community through social security payments etc. or can be forced to live in squalor near big cities.

If there is a glut or people cannot afford to buy produce the price drops below the cost of inputs. Also a natural calamity. In this case poor farmers are forced to borrow at first, using land as security and in the end may loose the land. This has happened in India etc. resulting in many suicides.

Activist: Farmer suicides in India linked to debt, globalization - CNN

Suicide epidemic hits bankrupt farmers of India — RT

pi2

pi2

Exactly how much Free Cheese should be confiscated from those who produced it?

 

[pi2]

Exactly how much Free Cheese should be confiscated from those who produced it?

Marketing boards work like this:

If the price obtained is above a threshold the farmer pays a levy - free cheese. The marketing board promotes the product, ensures quality, mybe arranges efficient distribution and sets a minimum/maximum retail price. The marketing board ensures supplies when there is shortage by maintaining stocks. If there is a glut etc. or the consumer cannot afford to buy etc. the marketing board buys from the farmer at the threshold price puts into storage, processes, distributes free to the very poor etc.
Much of UK,s agriculture was organised this way when the UK was develping and today developing countries such as China have similar systems.

Generally farmers and consumers like the system.

A consumer can feed his family at a predictable price, a producer is ensured at least a minimum return for his labor etc.

pi2

pi2

 

[cobraboy]

Marketing boards work like this:

If the price obtained is above a threshold the farmer pays a levy - free cheese. The marketing board promotes the product, ensures quality, mybe arranges efficient distribution and sets a minimum/maximum retail price. The marketing board ensures supplies when there is shortage by maintaining stocks. If there is a glut etc. or the consumer cannot afford to buy etc. the marketing board buys from the farmer at the threshold price puts into storage, processes, distributes free to the very poor etc.
Much of UK,s agriculture was organised this way when the UK was develping and today developing countries such as China have similar systems.

Generally farmers and consumers like the system.

A consumer can feed his family at a predictable price, a producer is ensured at least a minimum return for his labor etc.

pi2

pi2

I have no idea what the hell you're talking about.

Gubmint control of markets and minimum pricing generally results in market shortages.

But I guess that's why controlled economies are such great successes and innovators...

 

[pi2]

No, you need to read a bit. Individual producers, small farmers etc. have no marketing power so its up to government or co-operatives to organize.
China has little shortage and if the prices are going up government makes initiatives to increase supply, recently pigmeat. Europes agriculture feeds its peoples and there is no shortage. Vietnam ditto.
Marketing board - Wikipedia, the free encyclopedia
China - Handling 50% of the worlds pork


pi2

I have no idea what the hell you're talking about.

Gubmint control of markets and minimum pricing generally results in market shortages.

But I guess that's why controlled economies are such great successes and innovators...

 

[Papa Benito]

Buying a used car transfer fee @10,000 pesos.

 

[southwardbound2]

Buying a used car transfer fee @10,000 pesos.

WOW! That does seem like a lot of $$ for filing a form.

 

[NotLurking]

WOW! That does seem like a lot of $$ for filing a form.

Well it might seem a lot but in the DR you are required to pay 2% of the vehicle's value (use to be purchase price paid but now they look it up in a table they have) plus notary services and 10% late fees on any amount due after 90 days of purchase to execute a vehicle title transfer. So, a RD$1,000,000 car bought in Jan 1, 2012 pays today for a transfer:

RD$20,000 transfer
RD$2,000 late fee
~RD$1,000- 3,000 notary service.

If you just require stamp and signature ~RD$1,000
If they have to draw up the sales contract ~RD$2,000-3000

For a grand total of : RD$25,000 on a transfer of RD$1,000,000 vehicle.

NotLurking

 

[frank12]

Well it might seem a lot but in the DR you are required to pay 2% of the vehicle's value (use to be purchase price paid but now they look it up in a table they have) plus notary services and 10% late fees on any amount due after 90 days of purchase to execute a vehicle title transfer. So, a RD$1,000,000 car bought in Jan 1, 2012 pays today for a transfer:

RD$20,000 transfer
RD$2,000 late fee
~RD$1,000- 3,000 notary service.

If you just require stamp and signature ~RD$1,000
If they have to draw up the sales contract ~RD$2,000-3000

For a grand total of : RD$25,000 on a transfer of RD$1,000,000 vehicle.

NotLurking

Ouch!

Well, that's another reason why i only drive motorcycles.

 

[southwardbound2]

Well it might seem a lot but in the DR you are required to pay 2% of the vehicle's value (use to be purchase price paid but now they look it up in a table they have) plus notary services and 10% late fees on any amount due after 90 days of purchase to execute a vehicle title transfer. So, a RD$1,000,000 car bought in Jan 1, 2012 pays today for a transfer:

RD$20,000 transfer
RD$2,000 late fee
~RD$1,000- 3,000 notary service.

If you just require stamp and signature ~RD$1,000
If they have to draw up the sales contract ~RD$2,000-3000

For a grand total of : RD$25,000 on a transfer of RD$1,000,000 vehicle.

NotLurking

Thanks for this. Makes me feel better about paying a lawyer US$1000 when we bought a car (cost more than RD$1M) from a private party here. That included all the costs for the seller and buyer (us) and transfers, taxes, contracts, matricula and so on.....was a package price....and the job was well done with no problems.

We were told that when purchasing cars from private parties, it is the convention for the buyer to pay all the fees for both sides of the transaction......was that correct?

 

[NotLurking]

We were told that when purchasing cars from private parties, it is the convention for the buyer to pay all the fees for both sides of the transaction......was that correct?

Usually this is the case but whatever the parties involve agree on that is what is done. The buyer has to pay for the transfer fee of 2% so it is usually customary that the buyer also pays for the notary public/lawyer to draw up the sales contract and pay the notary fee.

NotLurking