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communism's devaluation called unification. Nitu Perez Osuna U.S. international real estate scam

Caracas, January 5, 2011

communism's devaluation called unification. Nitu Perez Osuna devaluation is warranted to the strength of oil prices, and as to presume that their VAT article was written before meeting the President's decision not increase so do not go into detail on this issue, however I think she needed to truth and journalistic objectivity when one has accumulated depreciation figures for the past 12 years, I mean, should note that in a similar period (12 years prior to the fourth (31Dic87/31Dic98) the accumulated depreciation reached 2540% from the exchange rate in that period of Bs.22, 10/Us $ a 583.50 / U.S. $, while in the period 31DIC98/31Dic10, 12 years also the devaluation reached the 637% cumulative pass rate of Bs.583, Bs.4.300 50/Us $ a, $ 00/Us (official exchange rate) and even buying their argument Bs.9.000, $ 00/Us cumulative devaluation is 1442%, which is not to fire rockets.

ERRATA: Even though my unpublished written opinion in the early hours of the morning, 6:30 am approx. I want to make a correction on the figures and dates that inadvertent omission expressed therein, pending the publication of both: the correction will be from: ... should be noted that in a similar period (12 years prior to the fourth (31Dic86 / 31Dic98) the accumulated depreciation reached 2447% from the exchange rate in that period Bs.22, 10/Us $ a 563.50 / U.S. $, while in the period 31DIC98/31Dic10, 12 years cumulative devaluation also reached the 663% passing rate Bs.563 change, Bs.4.300 50/Us $ a, $ 00/Us (official exchange rate) and even buying their argument Bs.9.000, $ 00/Us cumulative devaluation is 1497%, which is not to launch rockets, as the figures in the 12 years of revolutionary government are lower than those shown in the 12 years prior to it.
appreciate the publication of two letters, the original and the errata. By paul garcia



05.01.2011 8:51 a.m.
would also be fair Mr. Bustos clarified that the income of the nation within 12 years of the Chavez government have been infinitely greater than the income that the nation was in the 12 years prior to Chávez. Since you like both the numbers would be good for making you look and publish its name. JUST BUSTAMANTE


For
05.01.2011 9:53 a.m.
Without wishing to be controversial and intended to respond politely to Mr. Paul Garcia, who referred me in his commentary, I point out that the figures in which the reference should be expressed as stated in the economic and financial jargon appropriately adjusted for inflation, we can not compare Bolivar yesterday (or U.S. $ if the case) or $ Bolívares today without applying the restatement, in other words, without applying the inflation rate, so I think his comment is a bit biased and untrue and I can show off his ignorance on the subject , anyway I said figures here are public figures posted on the website of the Central Bank of Venezuela (Statistical Information), so they can come to the valid source to corroborate and supplement its information with data that appears there. On another occasion I will refer to an analysis of the macroeconomic figures for the periods indicated.