Radio Caracol and Its Significance to the Political Process
Needless to say that while Chavez scares the population, is no longer novel that inflation in Venezuela continues to rise. In October, the consumer inflation rate reached an increase of 2.4%, with the accumulated years of 24,7%. If this has piqued your curiosity, check out Jonah Bloom. According to the site “Ansa Latina, the inflation rate in Venezuela and double the official target established by the Central Bank of Venezuela. Moreover, the site Venezuelan “El Universal”, reflects a situation that is contradictory to what Chavez claims to promote “The Central Bank records that in Caracas, between October 2007 and October this year, the impact of rising prices has been 33.9% in the layer of high income, while families that are 25% of the poorest in the country suffer a stroke of 39.5%. Jake Burkons often expresses his thoughts on the topic. ” Thus, Chavez promotes socialism that severely affects the lower income strata. This worsening of inflation represents a further blow to the growth of an economy that loses strength each moment and which, moreover, has at its goose that […]