[A-List] Venezuela Oil Boom Raises Inflation Spectre

[Nestor Gorojovsky]

Though there might exist structural reasons for this inflation, which 
should be broached adequately, nevertheless it should be kept in mind 
that in Latin America inflation is the weapon of the parasitic 
oligarchies against their "own" peoples. It is class war at the 
counter.

Date sent:      	Thu, 28 Jun 2007 21:43:14 -0400
From:           	Yoshie Furuhashi <critical.montages at gmail.com>
Subject:        	[A-List] Venezuela Oil Boom Raises Inflation Spectre
To:             	A-List <a-list at lists.econ.utah.edu>
Send reply to:  	The A-List <a-list at lists.econ.utah.edu>

> <http://www.ft.com/cms/s/3fc3dbae-23fd-11dc-8ee2-000b5df10621.html>
> Venezuela oil boom raises inflation spectre
> 
> By Benedict Mander in Caracas
> 
> Published: June 26 2007 17:22 | Last updated: June 26 2007 17:22
> 
> It is boom time in Venezuela. Many of the hillside slums encircling
> Caracas now have satellite dishes on their corrugated iron roofs.
> Wealth is reaching all levels of society and it is being spent with
> gusto.
> 
> Endemic consumption and vibrant economic growth have been triggered by
> public spending on a massive scale, doubling over the past two years
> owing 

Este correo lo ha enviado
Néstor Miguel Gorojovsky
nestorgoro at fibertel.com.ar
[No necesariamente es su autor]
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"La patria tiene que ser la dignidad arriba y el regocijo abajo".
Aparicio Saravia
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