Dollarization: 20% of Argentines believe that one peso will be equivalent to one dollar

2023-09-25 04:28:00

A survey of Federico González & Asociados consulted two thousand Argentines, between October 18 and 24, regarding the main economic proposals of the presidential candidates. Among the most notable conclusions, it was demonstrated that although the dollarization plan of Javier Mieli is losing support, a 20% of people cree that, if it is realized, one peso will be equivalent to one dollar.

Horacio Rosatti once morest dollarization: “If it eliminates the peso, it is unconstitutional”

The survey was carried out through a structured questionnaire that citizens from all over the country answered online. The study asked regarding the proposal of a bimonetary economy of Patricia Bullirich; the dollarization plan Javier Miley; and the continuity of the weight of Sergio Massa. The results showed that Argentines are divided into thirds: 33.1% consider that the best option is Unión por la Patria; 32.8% prefer Together for Change; and 30.6% that of La Libertad Avanza.

Dollarization, bimonetarism or the peso? Survey Federico González & Asociados

In any case, the Federico González & Asociados survey stopped at the proposal of dollarization to know the beliefs regarding how much the peso would be worth, what impact the plan would have on salaries, inflation and the economy in general.

More and more Argentines once morest dollarization

One of the first questions of the study posed a scenario of an eventual plebiscite to decide whether Argentina should dollarize its economy or not. 36% of those consulted answered that they would vote yes, while 56.4% were inclined to vote no. 7.6% said they would vote blank or not go to vote.

The study included a comparison of results from different moments that demonstrated that the dollarization proposal is losing support, especially in recent weeks.

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In May, 41.1% of Argentines were in favor of dollarizing the economy. In August that number had grown to 46.9%. However, during September support began to decrease rapidly: in the first week of the month, 40.5% supported the proposal; in the second 38.2% and in the third 36%.

On the other hand, rejection increased. In May, 43.5% were once morest dollarization. In August that number had fallen one point to 42.4% while in the last week of September the proposal was rejected by more than half of Argentines: 56.4%.

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Dollarization loses support. Survey Federico González & Asociados

Another interesting fact that the survey revealed is that in recent months more and more Argentines have taken a position on the issue. In April, 15.4% of those surveyed had responded that they did not know. That figure was reduced by half: in the last week of September only 7.8% did not answer affirmatively or negatively.

What Argentines think regarding dollarization

The survey by Federico González & Asociados attempted to delve deeper into the beliefs of Argentines regarding dollarization. “If the economy were dollarized, would you? Do you think that one peso would be equivalent to one dollar?“was one of the first questions. 20.1% answered yes, while 71.8% said no and 8.1% said they did not know.

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Survey Federico González & Asociados

When the details of that response are observed, differentiations can be made by party. Among the voters of Freedom Advances, 34.5% believe that in an eventual dollarization of the economy, one peso would be equivalent to one dollar. That figure is reduced in the followers of Together for Change to 13% and to 11.4% among those of Union for the Homeland.

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The study also asked regarding salaries: “Do you think your salary in dollars would be higher, lower or the same as now?“, he questioned. 10.7% of Argentines responded that they think it will be greater, 54.1% that it will be less, 27.4% that it will be the same and 8% that they do not know.

On the issue of salaries, the responses varied abysmally among followers of the different parties. 28.9% of voters Javier Miley They were the ones who answered that they think their salary is going to be higher. In contrast, only 1% of voters in Patricia Bullrich believes the same and 0.9% of voters in Sergio Massa.

With respect to prices42.9% of Argentines believe that dollarization will make them higher, 12.9% that they will be lower, 31.9% that they will be the same and 12.7% do not know. .

The voters of Massa They are the ones who are most convinced of the negative impact of dollarization on prices since 75.1% believe that in this scenario they would increase. Among the voters of Bullrich that percentage is 42.8% and among those from mercy in 11.8%.

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With respect to inflation, 41.1% responded that dollarization will make the index lower and 31.3% will make it higher. 14.2% answered that inflation will remain at the same levels and 13.4% said they did not know.

Those most convinced that inflation will decrease with dollarization are the voters of mercy, with 84.5%. In second place were the followers of Bullrich with 27.4% and far behind those of Massawith 8.9%.

“If the economy were dollarized, Do you think the country’s economy will grow, stagnate or shrink?“was another of the questions. 37.2% responded that it will grow, 29.4% that it will shrink, 19.6% that it will stagnate and 13.7% that they do not know.

Once once more, voters mercy They are the most optimistic. Among them, the belief that the economy will grow hand in hand with dollarization reached 88.9% of the responses.

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With respect to employment, the majority of Argentines who answered the survey think that dollarization will have a negative impact. 40.3% believe that the proposal will lead to less work, 31.5% said there will be more, 15.7% said that the same levels as currently will be maintained, and 12.5% ​​do not know. .

79.1% of the followers of La Libertad Avanza responded that dollarization will increase employment, while only 11.7% of the voters of Together for Change and only 0.9% of those who identify with Union for the Homeland.

GL / ED

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