posted on Apr, 3 2014 @ 04:51 AM
Venezuela once had an economy, them the communist came and ruined the country, they found out that poor people was their voting base, they are easy to
control as most of the time they are busy just with how to survive in a day to day basis, so the best communist minds from the 60s determinate that in
order for the revolution to survive they need to have a majority of poor people, of course not forever, just 30 years as the current generation wont
change, the younger people would grow on the revolution and only know it and the ones that comes after will be formed as they are required, after 30
years of revolution the true redistribution of wealth can commence.
In order to achieve their goal most of the local production of anything was destroyed,and most of the things consumed in the country has to be
imported. But by the end of 2010 the government took over the only company that supply agrochemicals, and since the local production of food crashed.
from importing almost everything now they have to import all the food, of course local currency doesn't cut it to pay abroad so good old dollars have
to be used.
As good control freaks they are the exchange rate of Bs/$ is fixed by the government and in a country with one of the worse inflation in the world the
Bs is quickly overrated after and adjustment of the rate. Also the cost of many foods are fixed by the government, but as they are imported in $ and
sold in Bs the gov takes a huge loss on every sell. communist economy 101
As the $ reserve are depleted they cannot supply the whole demand of the products therefore the logical step in communism is to ration the supply
instead of incentive an increase of the production on the free market. therefore Cuban like ration card is implemented.
As good communist liars its not marketed in the official tv as a ration card, but an affiliation card that would allow you to enter in raffles for
Chinese TVs or Iranian cars, but of course it would only allow you to purchase once every week some products in small amounts to avoid hoarding and
help everyone have their "sure supply" as this is the name of the card.
Communism at best
edit on 3-4-2014 by Indigent because: (no reason given)
edit on 3-4-2014 by Indigent because: (no