Without economy in Venezuela.
Without any reaction from the people
What is happening with the prices of transport, food both regulated by the State (Government of Maduro) and established by company, I will cite some of the cases: Chicken eggs a carton of 30 eggs 5 million and 700 thousand bolivares cash transfer and debit or credit cards before monetary reconversion, after reconversion cost 120 sovereigns (12 million old) Increase of 145% transfer and cards, 80 sovereigns in cash (8 million old) increase of 1600% in payments for cash product.
In the case of urban public transport before reconversion, the cost per user was 20 thousand bolivares, after the reconversion was stipulated in 20 sovereigns equivalent to 200 thousand bolivares old a 975% increase.
These are only two cases nothing else, in the rest of services and items have suffered similar or higher increases, the economic plan applied by the Venezuelan Government is only to make the poorest and most vulnerable people.
What do they earn with this? To achieve that the Venezuelan society needs more and more social aid to be able to subsist and make more slaves to them, the Venezuelan people have a blindfold or simply do not have the strength to fight because the state of mind to fight against the tyrants is for the floor, there is no reaction to such a serious situation.
And while this happens more and more commercial establishments close because they can not cover payroll expenses or much less inventory.
All this of the new monetary cone of eliminating 5 zeros to the Venezuelan currency was only a disguise for a mostroso increase in all the services and needs of a population. Passport proceedings had an increase of more than 10,000% the request for an express passport remained at 13,260 sovereigns which equivalent to 1,326,000,000, this request for a passport had a previous cost of 936,000 bolivares draw your conclusions.
An expert warned almost a month ago
The eight economic announcements of President Nicolás Maduro generated immediate reactions, this Friday, August 17. For the director of the Econometric financial analysis firm, Henkel García, there will be more hyperinflation now; that is to say, an escalation of prices that in principle could be between 6 to 10 times greater than the current reality that is lived.
"Companies, in order to pay the new salary scale, will have to raise prices abruptly. Which consumer will be able to pay them? ", Asked Garcia, who added that" it is difficult to estimate the increase in the price level with these ads. Quick calculations lead me to think that it will be between 6 to 10 times the current level ".
The expert criticized each of the presidential announcements. On the decision that the national government assume the payment of the salary increase of 1,800 sovereign bolivars, which will be 180 million bolivares fuertes, compared to the current 3 million bolivars, said it was complicated how to determine which companies to benefit.
"About the financing of the payroll of small and medium enterprises for 90 days. Only a person who believes in central planning ignores how complex this is. "
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