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by BubRoss
2253 days ago
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Venezuela's problems come from international banking controls combined with hyperinflation and mandates to not increase prices. When you have a currency losing its value every week and the government mandating 10 cent gas with no way to transact with the outside world and escape your currency, things are going to get very distorted. Venezuela has much bigger problems than price caps, it is not indicative of systemic ramifications either way here. |
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