[p2p-research] Chavez devalues currency...

[Ryan Lanham]

http://www.washingtonpost.com/wp-dyn/content/article/2010/01/08/AR2010010803742.html

Interesting strategy...pushing inflation up.  Inflation always destroys
wealth.  He is attempting, it seems, to restructure the economy from the
bottom with local production driving low cost exports.  Hard to imagine it
will work.  Never has before.

-- 
Ryan
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