Venezuela
Sunday, September 17th, 2017If it is true that now a "you pay less" than before but that does not mean that prices are lower, on the contrary, in many cases have increased eating in the way the expected effect of this reduction in tax rate. And that first lie noted earlier, the alleged decline of 3 points on inflation falls under the weight of inefficiency and waste. Inflationary pressure that we live in Venezuela has, in the uncontrolled and misguided expansion of public spending, one of the reasons being: On the one hand and as a result of excessive public spending that there is excess liquidity in the street, there are a lot of money circulating , (seriously, do not laugh, but we have not seen or we have benefited from it is out there somewhere). On the other hand the production of goods and services has shrunk dramatically as a result of poor economic and fiscal policies of this government that have meant the closure of many companies and the need to import a variety of raw materials and finished products, which inevitably , remain as scarce as resources to purchase and also be sold at international prices skipping, in many cases, ineffective price controls imposed for more than three years that the only thing that really has served to further strangle the productive and trade of the country. Hurt who would hurt the market is unforgiving, a contraction of this nature and of this magnitude in the offer means that consumers are less goods offered and the few who are at a higher price … .