Sunday 2 October 2022

The New Stupidity of Maduro that Will Sink Venezuela Even Further

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01 October 2022 - At The Banks - BCCR

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This week Peruvian journalist Jaime Bayly made a video that went viral on social media, which includes a spectacular editorial, in which he serves up a devastating tragicomic presentation of the dictator (at this point categorizing him as a dictator would be a compliment) Nicolás Maduro.

Faced with such unusual delirium, Bayly has problems of expression. We do not know where to start, or what words to choose to plot the delirious recommendations and suggestions of the disciple of Hugo Chávez.

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The same thing that is happening to me now…the difficult task of describing the indescribable.

Just a few days ago, Maduro had already doomed to death the new national currency, from which he had removed five zeros. On that occasion, and as a show of ridiculous power, the impromptu despot said he had “10 times more bills than necessary” to flood the Venezuelan economy, as if this were something moderately virtuous.

But, although it seems impossible, Maduro has outdone even this.

After the Bolivarian “monetary reconversion”, now comes the “magic” Chavista invention: the policy of “zero kills zero” with the fixation of “all prices.”

Before his colleagues and the television cameras, Maduro said that he discovered “a magic formula through study and debate…it’s something we are creating, what we’re doing now in Venezuela, for the first time it’s being done in the economic history of the world. We are writing new history of the economy,” said the president of the Venezuelan tragedy.

Essentially, Maduro thinks that he discovered a new conceptual theoretical framework, that by magic, (as he himself said) is going to solve the hyperinflation, the shortages, and the total economic disaster of the country.

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In addition to blaming the private sector for the tragedy that Chavismo holds solely responsible, Maduro has given himself the luxury of advancing some aspects of his master plan, unprecedented in the history of humanity, and his diligent studies in economics:

“Based on international standards and the anchoring of all prices to the petro…I am going to anchor the international prices via the petro, prices, and I have already anchored wages and income.”

Source: Panampost

Article originally appeared on Today Venezuela and is republished here with permission.

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Q24N
Q24N is an aggregator of news for Latin America. Reports from Mexico to the tip of Chile and Caribbean are sourced for our readers to find all their Latin America news in one place.

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