4 ms·
I worked for the government years ago and can totally tell you these idiots are convinced they are doing a good thing. Main reasons for these problems are curre
by aclsid 10y ago
I worked for the government years ago and can totally tell you these idiots are convinced they are doing a good thing. Main reasons for these problems are currency exchange controls and price controls, especially for a country with a lot of imports because we have tons of oil and the countryside morphed from agrarian to industrial overnight for a single product and its derivatives.
But what really bothers me is that whenever anybody points out the real reasons, the govt internally says that if they take out the exchange control they will face a coup d'etat, that it is supposed to control capital flight (right...). As for price controls, it is the child of always having these paternal govt since the 70s, that was always thinking what was best for the population instead of letting the market decide.