Final Essay

Light at the end of the tunnel in Venezuela.

Things are looking grim in Venezuela. Our country is going through some rough times where basically everything has something to do with politics. People are starting to forget what is important and what isn’t, its nerve wrecking to see how much, people are willing to sacrifice for politics. And with politics alone, a country cannot prosper.

This article shows just how bad the situation is turning out to be. The head line says “BCV will be able to multiply money to cover government’s expenses”. After reading the article I realized just how terrible and how unethical this measure will be. The fact that the government takes measures like this; shows just how irresponsible the people ruling this country are.

“But why is a bad measure?” the main reason is inflation. The consequence for injecting these funds will be an increase up to 30% in inflation next year. So why would anyone take a measure that would harm the country’s economy in such a bad way? The reason is aberrant, this is an election year and up to 80% of any governments popularity depends on public investment, so we are trading the Venezuelans life quality for a competitive advantage in the upcoming elections. Ethically and economically speaking, this is just wrong.

Inflation is devastating to any country’s economy. It affects pretty much every aspect of our lives, but what gets affected worse are our savings. Without savings there can be no investments which sooner or later generate work for the people. So inflation must be controlled as greatly as possible so that a country can reach it`s economical independence.

But not everything is as bad as it sounds, although things are looking very dark, there is hope. For the most important part of any country are its people. As long as we keep believing that this country can prosper and we don´t fall victims to the ideology that wants to be implanted on us, hope is all but lost. This process is just a phase, and once this phase is over Venezuela will need free minded people to bring back this country to its former glory. Are you one of them?

Link form wich I read the article:

http://economia.eluniversal.com/2010/04/04/eco_art_bcv-podra-multiplica_1818159.shtml