Friday, November 21st, 2008

Posts Tagged ‘ Price Caps ’

Inflation in Venezuela… Friendship is Not the Only Thing that Brings Cristina and Chavez Together

May 16th, 2008 | By Horacio Pozzo | Category: Politics & Economics

Venezuela, one of Latin America’s most populist countries has a very high inflation rate, control on market prices and shortages. This seems to be a constant practice for countries with this type of regime, and even more so in this region where governments define this practice as “redistribution of wealth”. It seems like the only thing that they distribute is inflation,” says Paola Pecora.