Venezuela - and, frankly, the rest of the world - is reliant on monetary policy set by outside parties, who can also impose explicit (import/export) and de facto (loan terms) sanctions should their political positioning be undesirable.
How much does the US government subsidize the average US citizen in services, tax rebates, etc.? Is it more or less than what Venezuela offered its citizens in cash payments? I honestly don't know, but I've become more convinced lately that Venezuela's issues have less to do with the efficacy of their policies than they do objections to the nature of their intended distribution of wealth.
How much does the US government subsidize the average US citizen in services, tax rebates, etc.? Is it more or less than what Venezuela offered its citizens in cash payments? I honestly don't know, but I've become more convinced lately that Venezuela's issues have less to do with the efficacy of their policies than they do objections to the nature of their intended distribution of wealth.