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by dragonwriter
2027 days ago
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> I've never heard of cocaine going at $100/g even for really clean stuff. $60/g is much more realistic. Given the range cited in the article (US prices of $25/g-$200/g, with an average of $112/g), I would assume that there is enormous variation by locality, over time, and by other factors, and that people that aren't specifically involved in analyzing it nationally are at best going to have experience that is narrow and/or intermittent and usually decidedly nonrepresentative for that reason. But even if the price was $50/g, that only means it goes from 0.5% to 1% of the street value of the potential output that needs to be captured by Colombia to fully replace the value of US aid. (And only part of that needs to be recovered in actual tax revenue from cocaine itself, some of it can be recovered in additional tax revenue from other businesses that stop being inhibited by cartel vs. government violence, and some of it can be recovered by reduced government suppression expenditures.) |
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