by Summary:
Maybe. ry It looks the inflation ratei in Venezuela maxed out in January at an annuualized rate of 192,000 % , whiich fell by September to 4,600% rate, still in hyperinflationary teritoryy, but clearly coming down substantially. I am not a fan of this regime and never was, unlike some prominent economists saying nice t8ings about tueir economic performance, especially back in 2007, just berofe the world crash, when indeed their numbers looked prtty good. But, not more recently unfortunately. But maybe they are slowly returning to a more functional economy now, with still a long way to go.There are also reports that oil production in Venezuela has recently risen. Reportedly some of the recent possible stabilization in Venezuela may reflect influence of Russian advisers.Barkley
Topics:
Barkley Rosser considers the following as important:
This could be interesting, too:
Maybe.Maybe. ry It looks the inflation ratei in Venezuela maxed out in January at an annuualized rate of 192,000 % , whiich fell by September to 4,600% rate, still in hyperinflationary teritoryy, but clearly coming down substantially. I am not a fan of this regime and never was, unlike some prominent economists saying nice t8ings about tueir economic performance, especially back in 2007, just berofe the world crash, when indeed their numbers looked prtty good. But, not more recently unfortunately. But maybe they are slowly returning to a more functional economy now, with still a long way to go.There are also reports that oil production in Venezuela has recently risen. Reportedly some of the recent possible stabilization in Venezuela may reflect influence of Russian advisers.Barkley
Topics:
Barkley Rosser considers the following as important:
This could be interesting, too:
Matias Vernengo writes Elon Musk (& Vivek Ramaswamy) on hardship, because he knows so much about it
Lars Pålsson Syll writes Klas Eklunds ‘Vår ekonomi’ — lärobok med stora brister
New Economics Foundation writes We need more than a tax on the super rich to deliver climate and economic justice
Robert Vienneau writes Profits Not Explained By Merit, Increased Risk, Increased Ability To Compete, Etc.
ry It looks the inflation ratei in Venezuela maxed out in January at an annuualized rate of 192,000 % , whiich fell by September to 4,600% rate, still in hyperinflationary teritoryy, but clearly coming down substantially. I am not a fan of this regime and never was, unlike some prominent economists saying nice t8ings about tueir economic performance, especially back in 2007, just berofe the world crash, when indeed their numbers looked prtty good. But, not more recently unfortunately. But maybe they are slowly returning to a more functional economy now, with still a long way to go.
There are also reports that oil production in Venezuela has recently risen. Reportedly some of the recent possible stabilization in Venezuela may reflect influence of Russian advisers.
Barkley Rosser