Dollar Crisis, Decisive Election | Crisis por el dólar, elección decisiva

By Bolivian Thoughts

The Dollar Says It All

Bolivia heads into the elections with a rope around its neck. MAS played with fire and left us in chaos: the official dollar is still at Bs 6.96, but on the streets it hit Bs 20 and now hovers around Bs 13. That’s more than double 🤯. Why? Because they blew everything to import scarce gas and diesel… and in the end, millions of families lost their purchasing power.

Flashback to 1985

What we’re living now hasn’t been seen since the hyperinflation of the 80s. Inflation in 2025 is already above 16 %, medicines have doubled in price, food is scarce, and hospitals are collapsing without supplies. And the reserves? Almost gone: from US$ 15 billion in 2014 to less than US$ 2 billion. Liquid cash? Barely US$ 50 million. On top of that, public debt is above 90 % in dollars and rating agencies already label us “junk bonds.”

Which way out?

In the campaign we see two clear options:
👉 One wants to go slow: social capitalism, anti-corruption, pact with civil society.
👉 The other goes straight: strong liberalism, radical reforms, goodbye subsidies, IMF deals, real transparency.
Either way, what’s clear is we can’t keep living in the MAS mess.

Stay sunk or change?

This isn’t empty talk. It’s now or never. If we stick with corruption, drug ties, and authoritarianism, Bolivia sinks deeper.
40 years ago, we stopped hyperinflation and rebuilt from zero. Today, history gives us another shot.
The question is simple: do we repeat the nightmare, or fight for a country where our families can live with dignity?

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