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View Diary: The Booming Venezuelan Economy, and how it affects Monte Carmelo (74 comments)

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  •  Infaltion, part 2 (1+ / 0-)
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    Rex Manning

    If infaltion is good for the working class, why does VZ government seek to limit it at all?

    It's more likely the case that in the short term, inflation can provide a temporary benefit and in the long term, if left uncontrolled, inflation can ruin an economy, working class included.

    The recognition of harm arising from long term inflation would explain why the VZ government is taking steps to reduce the current inflation rates.

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