All Posts Tagged With: "price controls"
Inflation in Venezuela… Friendship is Not the Only Thing that Brings Cristina and Chavez Together
“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.
Eternal City, Chronic Trouble
A visitor to the Eternal City, even if he has been many times before, feels his jaw drop and his pulse rise. The city is still a magnificent ruin…a vast memento mori recalling every absurdity and corruption known to man. Here we begin ab ovo, as the Romans used to say – with the egg.
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