Lula explains why the price of gasoline and cooking gas cannot be dollarized.

247 - Former President Luiz Inácio Lula da Silva's team prepared a post explaining why fuel prices cannot be dollarized and why Petrobras' current pricing policy, implemented shortly after the 2016 coup against former President Dilma Rousseff, needs to be changed. Check it out:

Do you receive your salary in dollars? No? Then have you ever wondered why some products we consume daily are priced in dollars? Or why the rise in the dollar affects workers' wallets so much?

The escalating prices of gasoline and diesel are undoubtedly one of the biggest burdens on the Brazilian worker's wallet. And the reason for this is the linking of fuel prices to the dollar. Bolsonaro's Petrobras adopts an international parity pricing policy (PPI), which aligns the dynamics of fuel prices in Brazil with the foreign market.

Since the 2016 coup, when dollarization was adopted, fuel prices have accumulated increases exceeding inflation and directly impacting... Prices of food at the supermarket, the cost of bus fares, and even the electricity bill.

According to Daniel Kosinski, PhD in international political economy, This inflation is the product of hidden dollarization, of Paulo Guedes' catastrophic administration. and Bolsonaro.

In the food sector, with the devalued exchange rate, large rural producers sell their products abroad and receive payment in dollars. To compensate for this shortage, the country imports these same products, thus dollarizing the domestic prices of basic foodstuffs.

A Currency devaluation also affects the energy sector, since part of the energy consumed in Brazil is generated by thermoelectric plants that use diesel, and the cost of the increase in this fuel is passed on by the concessionaires. for the fees paid by the consumer. 

This dynamic is a direct result of macroeconomic policies stemming from government and market decisions that prioritize shareholders and foreign markets at the expense of the population's interests.

In contrast to this aggressive policy that devalues ​​the national currency and drastically reduces the purchasing power of Brazilian citizens, Lula has already said that, if he runs for office and wins the elections, he will not maintain the dollar-denominated prices as they are today, causing difficulties for the population, who are left without money to acquire basic necessities. 

"I think that the New York shareholder, the Brazilian shareholders, have the right to receive dividends when Petrobras makes a profit. But it's important that we understand that Petrobras has to take care of the Brazilian people. I'm not going to enrich the American shareholder and impoverish the housewife who will buy a kilo of beans and pay a higher price because of the price of gasoline."

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