Is the United States Trying to Incite Unrest in Venezuela?
‘The country of Venezuela is on the edge of collapse. This is partly the result of a weak oil price that has shrunk an important revenue lifeline for the Venezuelan government.
The government has responded by printing massive amounts of new Venezuelan currency to keep the government running. This, in turn, has resulted in hyper-inflation far in excess of 500% annually.
The authoritarian government has attempted to “fight” the inflation, not by stopping the money printing and shrinking the government payroll, but by imposing price controls, which any first year economics student can tell you leads to shortages–and shortages is what the country has across the economy from food to toilet paper.’
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