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Re:Venezuela devalues the bolivar by 95% and pegs it to ‘oil... by sonnyblarney on Monday August 20, 2018 @05:02PM (#17803940)
"Intervention in the economy was also a move employed by Chavez - who was, and still is, well loved by the country. Price control was implement so that the poor would not starve"

Chavez set into motion that which Maduro continued and is the primary problem creator.

Chavez is only beloved by some because he had massive Oil revenues to bribe the plebes with, and he left others holding the bag of the destruction he created.

'Price controls' are a very temporary and ultimately destructive way to do anything and certainly will only guarantee more economic destruction thereby making things much, much worse for everyone especially the poor.

Maduro is responsible because he resided over the continuance and embellishment of stupidity. He could have ushered in some responsible reforms, but he did the opposite.

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