[DanMiller]

Here is good explanation (in English) by a blogger in Venezuela of the consequences of inflation, AKA devaluation, there. Although made worse by the Venezuelan currency exchange circus, the situation would be quite bad even without that.

[carlo3b]

Recipe for;

FINANCIAL DESTRUCTION

1 Marxist, Charismatic Spokesman
1 Government controlled by Communist
1 National Media controlled by Government sycophants
1 Government controlled Education system
3 Welfare recipients to each tax-paying worker
1 Citizenry, too busy, and stupid to pay attention to politics

Directions:
Place citizenry in diverse melding pot, and turn up the heat slowly, until boiling..

Keep the Lid on the results until the inevitable results kills off the economy..

Serve cold.. :)

[yefragetuwrabrumuy]

One time when Woody Allen really hit the mark was with his movie “Bananas” (1971). He managed to capture the utter inanity of South American dictators and revolutionaries accurately, and though a comedy, there is a lot of truth there.