Would you mind explaining the downvote? I friggin live here and I KNOW they are printing more money than ever.
Their modus operandi is basically this:
- Take money from the middle class through unconstitutional high tax rates (that never come back in the form of infrastructure, education, security, etc), so they become poor.
- Give money to the poor so they keep voting favorably
- Give money to already rich friends and the Congress members, to have more power
- Get crazy laws approved, so that middle class has no escape. Eg: We can no longer buy other currencies, not even gold, so we are forced to stick to the pesos.
- Print print print! (more pesos) This way the money flows like this: people's savings and salaries -> government
They are printing a lot of money, but they are not printing $ 400 or $ 500 bills, that is what we need. About 50% of the bills in the street are $100 bills, which doesn't make sense. Printing bills with a higher denomination would be a way to officially declare that there is, indeed, inflation.
Their modus operandi is basically this:
- Take money from the middle class through unconstitutional high tax rates (that never come back in the form of infrastructure, education, security, etc), so they become poor.
- Give money to the poor so they keep voting favorably
- Give money to already rich friends and the Congress members, to have more power
- Get crazy laws approved, so that middle class has no escape. Eg: We can no longer buy other currencies, not even gold, so we are forced to stick to the pesos.
- Print print print! (more pesos) This way the money flows like this: people's savings and salaries -> government
- Profit