No, it will not help the people of Venezuela. Market has it's own power, and it is the basal principle of economics. Any action that violate it will cause disasters. Maybe at the beginning, people may get some cheap thing, however, the following is there is no good in market. Using authority or power to affect price, Chinese government had tried it for many years, the result was people lived in poor.
This is Kyusuk. I think its trial by government would affect positively temporarily, but the final result won't be bright because this social problem should be solved with developed policy, not by soldiers. Most Democrat nations regulate some market problems and intervene a little, but they just let people and companies freely solve the problems. I think this monopoly by government to decline the price of goods won't influence them to find the practical replacement.
It is not reasonable the way that Maduro adresses citizens to stole. Venezuela is dealing with a huge economic problem and its trouble currency has increased the inflation to 238%. It´s unbelivable how a president encourage people to commit crime. I think teh only solution that Venzuelans have is to overthrow the president of Venezuela and change the government. After that people have to rebuild the country creating a productive industry that does not depend on oil.
This article caught my attention. It was interesting to know why Venezuelan army occupies white goods shops. I think that it Venezuelan government should not sent its army to occupy electronics stores. It is not going to solve the current problems; it is going just to make it bigger because it is not good for the market.
Of course this kind of actions is something bad for the economy of Venezuela. And if the economy goes bad, the people will suffer the consequences by living in poverty.
No, it will not help the people of Venezuela. Market has it's own power, and it is the basal principle of economics. Any action that violate it will cause disasters. Maybe at the beginning, people may get some cheap thing, however, the following is there is no good in market. Using authority or power to affect price, Chinese government had tried it for many years, the result was people lived in poor.
ReplyDeleteThis is Kyusuk. I think its trial by government would affect positively temporarily, but the final result won't be bright because this social problem should be solved with developed policy, not by soldiers. Most Democrat nations regulate some market problems and intervene a little, but they just let people and companies freely solve the problems. I think this monopoly by government to decline the price of goods won't influence them to find the practical replacement.
ReplyDeleteIt is not reasonable the way that Maduro adresses citizens to stole. Venezuela is dealing with a huge economic problem and its trouble currency has increased the inflation to 238%. It´s unbelivable how a president encourage people to commit crime. I think teh only solution that Venzuelans have is to overthrow the president of Venezuela and change the government. After that people have to rebuild the country creating a productive industry that does not depend on oil.
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteThis article caught my attention. It was interesting to know why Venezuelan army occupies white goods shops. I think that it Venezuelan government should not sent its army to occupy electronics stores. It is not going to solve the current problems; it is going just to make it bigger because it is not good for the market.
ReplyDeleteOf course this kind of actions is something bad for the economy of Venezuela. And if the economy goes bad, the people will suffer the consequences by living in poverty.
ReplyDelete