NY Times Forgets Root Cause of Inflation
Simon Romero of The New York Times romanticizes the benefits of Venezuela’s new government-owned cafes without discussing the larger effects government control has over the economy. Romero describes two new state-owned cafes that opened this year in Venezuela and how they serve coffee and snacks grown and produced within the country. The prices for these goods, and others, are kept artificially lower than its competitors. Romero writes:
The planners behind the cafes have multiple objectives: to provide food and conviviality at democratic prices, to serve as commercial linchpins to renew some of the city’s
Nick Loris
September 29, 2010
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Tags: Hugo Chavez, inflation, Simon Romero, The New York Times, Venezuela