Tuesday, March 10, 2015

Venezuela Progressivism Working? : Empty Shelve Inflation 157%

After reading this, think about what another four or eight more years of having a progressive socialist liberal democrat in the White House.

This is the future of the United States as a result of progressive demands that personal freedom and the right to chose is no longer a viable solution to prosperity.

But never mind, the majority still believes dependence is better then freedom to chose - the majority voted twice to make it happen - Gruber and the democrats are right!!!

The 5 Min. Forecast

"Venezuela is due to begin installing about 20,000 fingerprint scanners at supermarkets across the country," reports the BBC, "as part of its introduction of rationing."
Inflation in Venezuela is officially running 64%. Unofficially, Johns Hopkins professor Steve Hanke says it's more like 157%.
Hence, price controls. Hence, shortages. In January, the hashtag #AnaquelesVaciosEnVenezuela ("Empty Shelves in Venezuela") took off on Twitter.

Just another day in a socialist paradise...

Now comes word President Nicolas Maduro has "persuaded" seven major retailers to install the fingerprint scanners, the better to stop "hoarding" and "panic buying."

The fact the owners of several grocery and drug chains were arrested last month might have had something to do with their decision to go along with the president's wishes. Their "crime"? Failing to keep enough cash register lines open.

As if more lines would somehow alter the perception of shortages.                   

 



 

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