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Previously, Anna Victoria, who lives under the terror of socialist Hugo Chavez, facilitated a great discussion on demagoguery back on Nov 30 (http://www.braincrave.com/viewblog.php?id=17). Look now what this socialist is doing now - he's ordering a 50% currency devaluation: http://www.reuters.com/article/idUSN096521320100109?rpc=64.

When will socialists learn to stop faking reality? Socialist policies are a death sentence to an economy and, by extension, to life itself. How many times do you need this lesson repeated? (As an aside, the US Federal Reserve does this particular trick with a different sleight of hand - but most who don't understand economics don't realize that). The only good news here is that it will hasten the collapse so productive people can eventually rebuild.


Original posting by Braincrave Second Life staff on Jan 11, 2010 at http://www.braincrave.com/viewblog.php?id=79

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