Si les politiques monétaires prônées par Milton Friedman n’étaient pas sans reproche, n’en reste pas moins que les indignes auraient intérêt à l’écouter une fois qu’ils auront dégrisé…
Si les politiques monétaires prônées par Milton Friedman n’étaient pas sans reproche, n’en reste pas moins que les indignes auraient intérêt à l’écouter une fois qu’ils auront dégrisé…
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Tiré du discours mythique "A time for choosing" de Ronald Reagan: «The full power of centralized government —this was the very thing the Founding Fathers sought to minimize. They knew that governments don’t control things. A government can’t control the economy without controlling people. And they know when a government sets out to do that, it must use force and coercion to achieve its purpose. They also knew, those Founding Fathers, that outside of its legitimate functions, government does nothing as well or as economically as the private sector of the economy.» |
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Chavez Price Caps Spark Panic Buying Venezuelan President Hugo Chavez’s move to expand price controls this week sparked panic purchases by consumers, leading to shortages of everything from coffee to toilet paper. “I’m buying everything that’s on the price control list that’s going to be regulated,” retired schoolteacher Elena Ramirez, 56, said in an interview at a Dulcinea supermarket in Caracas where she bought 12 packages of toilet paper, each with four rolls. “Everyone is in the same game. It’s madness.” Under regulations that took effect on Nov. 22, the government can fix the price of 15,000 goods in an attempt to slow inflation that reached 26.9 percent in October, the highest in the Western Hemisphere. Chavez immediately ordered a freeze on the price of 18 personal care items ranging from toothpaste to deodorant until mid-January to prevent monopolies from “ransacking the people.” While fixing prices, Chavez’s government is printing money and raising spending. The central bank has more than doubled the amount of money circulating in the Venezuelan economy since November 2007. Fiscal spending leaped 22 percent this year after accounting for inflation. |