[dXI9XFOA]

Originally posted by Oerdin
If Chavez was serious about dealing with inflation then he'd get rid of the price controls and sign free trade agreements at least with his latin American neighbors if not with evil whitey. In other words, if he was serious about fixing inflation, he'd phuq over the poor just like every other country does in order to fight inflation.

There is, however, really nothing Venezuela can do about inflation. It's simply raking in too much money. It has a massive inflow of capital, which always results in inflation.

[viagra-kaufen]

The problem is that there is so much money that the value of money is falling. It's simple supply and demand. Any time that more money winds up in the hands of the lower classes, inflation will rise. Whether you hand it to them as a subsidy or they earn it at work, more money means money has less value.

Since they're going to be having the inflation no matter what, spending it on educating the illiterate, feeding the hungry, giving health care to the sick, homes to the homeless, land to the peasants, etc. is making life for the average Venezuela much better.

Under the policies that you advocate, Oerdin, life spans fall, infant mortality rises, crime rises, pretty much ever measure of life suckitude goes up. Every country that has developed since WWII has done so successfully by doing the opposite of what you call for, by tight controls on foreign trade, land reform, investing in health care and education, subsidizing national industries, etc. Your continued spouting of the neo-liberal agenda is like a religion with you.

[hacyOrgachbic]

Free trade has always been the death of colonial and neo-colonial economies, until they are sufficiently developed that they can compete against developed economies. The Asian tigers didn't even begin to consider opening their markets to free trade until their products were on a par with those of developed countries. Even the U.S. developed that way. In fact, part of the reason we fought a civil war was over the issue of tariffs and subsidies. Free trade only works between equally developed countries.

So, despite the fact that Venezuela is training doctors, educating the poor, making land available for peasants, giving grant money to cities and communities to build and repair their infrastructure, investing in industries, i.e., all things that you agree they should be doing, they are apparently doing everything wrong. Franky, if it wasn't Chavez and they weren't using the word socialism, I don't think you'd be *****ing so much. I don't hear a peep outta your mouth about Norway.

[HaseBeceDeemy]

Norway went the free trade route I advocate instead of the stupid protectionist high inflation route.

[Blolover11]

Zimbabwe used to be one of the world's largest producers of gold.

[Binuilienzync]

Indeed.

[timgreyuvcz]

Indeed Whoha, Venezuela has to get control over its money supply and also, as Oerdin states, try to diversify its economy. An interesting article in the Economist like six months ago indicated that as prices rise due to oil, other industries don't do as well and the workers that work in other industries have problems because prices are rising due to the oil industry, but their industry can pay them raises to keep up with inflation. It's nice that Chavez is sending some of the oil revenues to social programs, but need a monetary policy plan and fast.

[AllAdobeOEMSoftDownload]

Price raises have to do with supply and demand. Oil money means demand rises as there is more money floating around. Free trade constrains inflation because it means there is also more supply and individual companies have less room to raise prices since there is more competition. That's why it would lower inflation.

[sttrqiss]

Originally posted by Oerdin
Price raises have to do with supply and demand. Oil money means demand rises as there is more money floating around. Free trade constrains inflation because it means there is also more supply and individual companies have less room to raise prices since there is more competition. That's why it would lower inflation. The "anti-inflation" effects that you are ascribing to free trade have more to do with the willingness of foreigners to hoard US dollars(and the asians sitting on massive stockpiles of US government paper) due to its historical stability. As they realize that the US is becoming a banana republic they will dump their dollars.

All currency eventually has to return home so to speak, so trade wouldn't necessarily eliminate inflation, but it could delay or hide it.

[erubresen]

Something funny about Chavez and his socialism of the new century, is that Marx pretty much despised Bolivar, he wrote much against Bolivar.

[alex_loudermilk]

Chavez is just a nationalist, anti imperialist, who thinks that the state should control the natural resources of the country.


Chavez accused Aznar (a guy who likes small state, free trade, and is socially conservative) of being a fascist, and it is funny, because Chavez is much more similar to Perón or Mussolini.

[Z1IRo4Ap]

Rather they have different biases which are unrelated to US domestic politics. Thus better.

[Heaneisismich]

Originally posted by Oerdin
Norway went the free trade route I advocate instead of the stupid protectionist high inflation route. Once they were developed, yes. That is what you keep failing to register.

[Intockatt]

Originally posted by Barnabas
Something funny about Chavez and his socialism of the new century, is that Marx pretty much despised Bolivar, he wrote much against Bolivar. The following appears to be the only thing written by Marx on Bolivar. Bolivar y Ponte

[Nigeopire]

I never denied that though. Just wondering where he gets the far right label. I never pictured myself as your ideaological evil twin, che. Should I be plotting against you now?

[Lenny Hensley]

Far right in europe would be Le Pen or that homosexual political leader who got killed (Fortiun??)