Isn't that the "Iron law of oligarchy":
Also, Hong Kong made a big change for the better after the foundation of the ICAC.
http://en.wikipedia.org/wiki/Independent_Commission_Against_...
Protect their savings? They can't even sell their property in a "hard" currency, and government is blatantly inflating away people's money. When the artificial dollar cracks, the facade will crumble and people WILL be hungry.
To me, things just seems better. I hope you are wrong.
I'm probably being too harsh on the government, they are doing redistributive policies - whether that's the best thing to do with the money I'm not sold, but at least they aren't stealing it all or handling all of it to contractors.
However, while all this helps in the short run, on the outside it looks like it will destroy a lot of things in a not so distant future. Argentina will recover as usual, but the next few years look like a repeat of 2001.
Call me cynical, but I haven't seen a mass protest movement do a whole lot of good lately. The arab spring seems to have provided an opening for a lot of radical Islamic movements and hasn't improved the quality of life for anybody. Egyptians are suffering economically.
The Brave New Day never comes