Tuesday, March 25, 2008

Chavismo economic policies: a perfect symbol

This beginning of year, after the currency change to BsF., we have been under the aggression of diverse governmental measures that are supposed to lower inflation, stimulate job creation and all sorts of other things that under the last 9 years the government has demonstrated its utter incompetence in creating outside the direct spreading of oil revenue. With new luminaries like El Troudi in charge, needless to say that no one is holding its breath awaiting success, in particular when one of the first measures is to change the way inflation is measured....

Anyway, if the value of currency is the golden standard by which any macro economic policies are judged, then today Rayma cartoon says it all.




-The end-

No comments:

Post a Comment

Comments policy:

1) Comments are moderated except for the first day of the post publication where they will appear immediately. If you comment after the first day it may take up to a day or two for your note to appear.

2) Your post will appear if you follow the following rules. If you wrote in the open window period, I will be ruthless in erasing any comment that do not follow these rules, as well as those who replied to that off rule comment.

3)COMMENT RULES:
Do not be repetitive.
Do not bring grudges and fights from other blogs here (this is the strictest rule).
This is an anti Chavez blog, with 95% anti Chavez readers that have made up their minds over fourteen years and thus trying to prove us wrong is considered a troll. Still, you are welcome as a chavista to post, in particular if you want to explain us coherently as to why chavismo does this or that. Though I am not holding my breath.
Of course insults and put downs are frowned upon and I will be sole judge on whether to publish them.