Comments by "Bobby Jones" (@bobbyjones8317) on "Styxhexenhammer666"
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The Traveler
The only news you get is from a biased source. Why would I take you seriously? You're an idiot who believes you can reduce everything to "hurrr hurrr durrr socialism!!!!"
It pays off to look into things more critically, not just get your news from CNN, lol.
"In other words, the current situation in Venezuela is a result, first, of the exchange rate control that was meant to defend the currency against the destabilization attempts of 2002, which themselves were the result of the Chávez’s government’s attack on capitalist class interests. Second, an already relatively fragile exchange rate control became worse in the wake of the oil price declines of 2008 and again in 2014, which made it increasingly difficult for the government to meet the demand for dollars without going further into debt. Third, the opposition’s new destabilization efforts against the Maduro government the day after Maduro’s election in April 2013 and again in early 2014, turned the existing economic volatility into a vicious cycle of inflation, shortages, black market devaluation, and renewed inflation. The situation is thus quite difficult for the government and very frustrating for the population."
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