Quote from: Axioman on June 12, 2018, 07:48:27 AM

Quote from: STT on June 12, 2018, 01:30:27 AM

Quote from: jgaltt on June 11, 2018, 05:12:46 PM

http://lared.com.ve/noticias/tareck-el-aissami-pretenden-imponer-precios-especulativos-de-criptomonedas-en-venezuela/ now the government blames bank accounts and speculation that harm El petro, but not their own mistakes.. like, I mean what kind of Soviet Union rhetoric is that to always blame some external enemies and never assume your own fault

https://www.youtube.com/watch?v=htLT6McxSzY
Yes that was my perception also. The people who trade dollars are in the wrong for offering a free market price just like any other product in the country is that message I guess. Its a very different principle to what I'm used to which is free competition, every dog has his day. If one man sells iced lemonade for 1 gold coin on a hot day, he is maybe profiteering but also this product can be sold by his neighbour for half a gold piece and then another will sell it for one tenth of a gold piece. Before long the market will have found a good price for the consumer, the early sellers might get some profit and unfairly in the view of some but eventually the lions shares of profit (revenue) goes to the most efficient lemonade seller. Or possibly just the best recipe ! Society benefits from competition, its the individuals who are risking loss mostly and I dont believe in regulators as a control or creator.

Its better to have too many sellers or even too expensive a product then ban the idea of the maker or company having the freedom to sell for whatever they like. Establishing or making a market is also important and theres usually risk and costs to setup. I'd apply that idea to anything even the money changers and sure maybe some take advantage but I'd rather have too many trying to make a profit then nobody and with high unemployment its essential to allow business. USA, EU has this problem also, normally their red tape laws include a clause that excludes a business of 50 or under otherwise it would be similarly oppressive.

If they did fail to progress PTR it was probably some conflict between these ideas, thats really for a market to work out and risk in ventures. Not a fan of excessive control, it can extinguish growth when new market sectors need plenty of air in their beginnings

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Imagine that the government sells lemonade at $ 0.1. But he only sells 100 lemonades every two months. What do the 100,000 people who need lemonade every month to live, buy, work, ...?

The Bolivarian regime is a monopoly imposed, limited, sectoral (only friends receive the lemonade) and ruinously managed

That's true man, and if we imagine that lemonade is El Petro then the government only promises to sell it but it never comes. That's just an instrument for them for Holding the power because it gives a sense that they are working on something great when they virtually haven't produced anything. I feel like it's time to stop pretending they are working on El Petro and at least deliver daily necessary products to the people