“Chavismo really thinks Venezuelans are stupid
January 4, 2011
Here is the top chart of statements that prove Chavismo thinks Venezuelans are stupid:
At #1, Minister for the Productive Economy Ricardo Menéndez: “Unifying the exchange rate could even lower prices in Venezuela”
Sure Ricardo, we are stupid, really stupid.
At #2, Armando Leon, Central Bank Director: ” In practical terms, there is no devaluation, because the implicit exchange rate that is used to fix prices of the things that are being sold in the economy is not Bs. 2.6 and that is what we have observed during the last four months of the year and we had warned about it”
Get it? I don’t. If someone has to pay 65% more for the same thing, that means that someone is going to want 65% more to sell the stuff. But yes Armando, we are stupid. Remember the Bolivar “fuerte”?
At #3, Jorge Giordani, Minsiter of Finance: “Unifying the exchange rate will have a minor impact on inflation”
It must be that he thinks “minor” is like the age of a human being, that is, minor means under 18….percent!
At #4, Hugo Chavez, Dictator: “They say we are generating the conditions to apply a neoliberal adjustment. It is, of course, a strategy to lie outrageously in order to create confusion…monopolistic power, with Fedecamaras in the lead, inflates prices, disregarding economic rationality and laughing at the people”
I got stuck on the “disregarding economic rationality part”, just that he uses “economic rationality” blew my mind. He is clearly absolutely sure we are stupid.”
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