Friday, May 27, 2022
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Tags Inflation

Tag: inflation

What is happening in Venezuela?

On Feb. 12, Venezuelan Youth Day and the commemoration of the independence battle of La Victoria, some university students and traditional conservative opposition groups took to the streets in Venezuela. It quickly became obvious that the principal purpose of the protests was to destabilize the government and seek the ouster of the democratically elected president of Venezuela, Nicolás Maduro.

Bubbles, booms and busts

In the 19th Century, the robber barons simply walked into government buildings and capitals with satchels swollen with money. They literally bought off politicians to do their bidding. They do the same thing today, but with a little more finesse.
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