Graph: Consumer price changes from 1996-2016

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Another Government Magic Trick

I’ve met several government officials in my career who sit around and think of rules like
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Price of an iPhone 6 in Venezuela


In America, famous people like Michael Moore and Sean Penn will tell you how much the U.S. needs to adopt Venezuela’s political/economic system.

Unfortunately for them there is this thing called the media and they keep track of Venezuela’s dire situation. Continue reading →