Quote from: deisik on January 31, 2020, 09:40:07 AM

Quote from: CarnagexD on January 27, 2020, 04:59:30 PM

This could be the solution to Venezuela's hyperinflation rate as of the moment. The country's been in a bad debt lately and their money pretty much is worthless right now. They have little to none to work out, so basically what they could just do to alleviate this is to sell stuff they already have. I don't further details regarding the issue in Venezuela's economy but as I was saying thsi could be a viable solution

Hyperinflation is not a cause

It is an effect of and a consequence to some underlying problem (a host of problems) which reveals itself in many ways, while hyperinflation is only one of them (but probably the most conspicuous and telling). The point is, you can't effectively deal with it without dealing with this deeper problem as it would be like fighting with a symptom of a disease instead of overcoming the disease itself

And the main problem with that problem (pardon the pun) is such you can't solve a problem by relying on those who are creating this problem in the first place ("If you're not part of the solution, you're part of the problem"). In other words, solving Venezuela's economic woes first and foremost requires dismantling the whole political system there, which is a grave problem in its own right

According to research, oil reserves in Venezuela account for 18% of global reserves. For example, you can bring Saudi Arabia, which has 16% of the total global oil reserves. And now you can compare the standard of living of citizens of Venezuela and Saudi Arabia, as well as the degree of development of the economy of these countries. After analyzing all the available information, one can accurately answer the question posed that it is the shockless and corrupt government of Venezuela that does not allow the country's economy to develop and that it practically steals everything that should belong to the people of Venezuela.