Venezuela: Inflation hits 5.2 % in one month

[protocol rv]

El Banco Central de Venezuela reportó que los precios en abril aumentaron 5,2%....La inflación acumulada en lo que va de 2010 es de 11,3%. I shall now wait for the commmunists in the forum to explain the mechanisms whereby hyperinflation is good for the poor. :evilgrin:

[protocol rv]

1. No comment?

I want a rational explanation by a communist, something with beef between the buns, as the americans like to say. Please tell us little brown people why inflation is so good, or how it is caused by the evil empire, Colombian spies, or whatever is the word you pick up from Venezuelanalysis.com

[naaman fletcher]

2. Here is what Peace Patriot has to say about it:

"Just one more thing: Inflation. The inflation is a direct result of worker-friendly sizzling economic growth--something else that the corpo-fascist press never tells you. The Chavez government has invested in the people, as opposed to what the Bush Junta and the Democrats have done here--invest in the banksters and to hell with "the people." Inflation is an inevitable hazard of such growth and they do need to control it, but it is important to know that this is NOT a symptom of Venezuela being "out of control" or however they try to dis the Chavez government. The Venezuelan economy is very much in control, and benefitting the people. It is the U.S. which is "out of control" having suffered massive looting by corporations, war profiteers and the super-rich. It is the U.S. where our corporate rulers are so "out of control" that we can't get a public health bill!"

http://demopedia.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=405&topic_id=32064&mesg_id=32069

[ChangoLoa]

3. Of course it's good , man!

It helps us to understand that the value of everything we have is very very relative as it inevitable disappears as the time passes by. It also helps us to understand that bankers tend to be thieves even in 21st century *socialism*, as we see them change our money in the privileged State-sponsored cheap dollars' market while we don't have any access to it. Thank you PDVSA, thank you bonds, thank you CADIVI, thank you Comandante.