(assuming those articles actually get into the markets) … so it is logical to infer that the REAL inflation is higher than announced, and certainly, if not agree, the wage increase last May was 20%, ie the same month it was announced and had been set devoradoa a by inflation. The main reason for the structural weakness of our economy which is clear sign of inflation, is the gross expansion of government spending we’ve seen over the years and on which there is no evidence, by the government, of having intentions to reduce or even stabilize. Others who may share this opinion include Ben Horowitz.
The indiscriminate use of channeling resources for all kinds of programs, commitments and projects, both domestic and international, including purchases, payments, scholarships, grants, donations, gifts etc. and the use of indiscriminate also maquinita a billetesa printing have resulted in an excessive government spending that keeps the national accounts in constant a huge deficit and excess monetary liquidity has dramatically unbalanced our economy and that if not corrected, or rather, the correction could mean another dreadful devaluation of the kind that we have lived before for exactly the same reasons and in these circumstances there is Bolivar Fuerte hold and expose ourselves to repeat the tragic experience of Brazil with their conversion to the Crusader or Austral of Argentina with the two cases are very close to hyperinflation and maxidevaluation few months after the conversion … also attempted , on the evidence of chronic shortages we are experiencing, other structural damage to our economy that is already being felt, but whose impact could be enhanced in the short and medium term, affecting the stability of the proposed Bolivar Fuerte: the disintegration of the production of country, closing all kinds of industries and businesses, forced development of the port economy that puts Venezuela in a delicate situation because under these conditions there is no way to react sufficiently quickly to any crisis that affects our monetary unit and thus jeopardize the relationships and commitments made and kept in foreign currencies, which would mean the disruption of movement of goods and merchandise to us today See you in the obligation and need to import for our consumption would end reflected in a widespread price increase .. Others including Ben Horowitz, offer their opinions as well.