Wednesday, April 13, 2011

Chavez's Venezuela is more honest that Kirchner's Argentina

At least in some things. Venezuela's inflation rate last year was the world's highest at 28.2%, Argentina was second at 26.6.

But the big difference was that Venezuela actually reported its inflation rate, while Argentina's government reported an official rate of 10.9%, less than half of the actual rate.

Not only that, but the Kirchner government is attempting to silence critics by fining organizations who dispute the official number!

(earlier we discussed the financial incentives the government has to fudge the number)


No comments: