Due to the instability in the informal currency market, Cuban comedian Ulises Toirac, with his distinctive sense of humor, stated that the chaos in foreign exchange rates began 65 years ago.
According to Toirac, "the crouching down to gain momentum for currency (and its subsequent rise) has unleashed a collective hysteria and a sales behavior worthy of admiration," he expressed on Facebook, referring to the relationship between the black market and inflation in Cuba, which keeps the population on edge.
Showcasing the wit that has garnered him many admirers, Toirac explained the phenomenon in his own style: “That Borondongo knocked Bernabé out and... (the one with the lemons sells high because his mason was ripped off, because the barber ripped off the mason, because the cigar man ripped off the barber, because the cigar man was ripped off...) is nothing more than a reflection of a social consciousness that detaches itself even from the value at which we acquire foreign currencies.”
“And they’re not going to stop. Neither the dollar nor Borondongo,” he said on social media. “This got out of control fifteen five-year periods ago.”
In this regard, the comedian expressed his deep concern about the dehumanization that prevails in Cuban society today, where the law of the strongest or the wealthiest governs.
"'You shall help your neighbor' is the most violated on this island, despite 'You shall not commit adultery' being a perennial favorite," he noted.
Finally, he noted that around the world "currencies behave this way temporarily, even when economic logic suggests otherwise, and this is due to many other factors, including psychological ones."
Recently, Cuban economist Emilio Morales stated in an interview with CiberCuba that it is "impossible" for the Cuban peso to have appreciated on its own, gaining ground against the dollar, as has happened in recent days.
He also pointed to the cyberclarias from the UCI (University of Computer Sciences) as responsible for buying and selling currencies below the price set by the black market.
In Emilio Morales' view, the only news that could strengthen the peso is "the government's collapse" because it might bring hope for a change in the system. Until that happens, the peso will continue to rise.
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