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The Cautious Optimism Correspondent for Economic Affairs and Other Egghead Stuff offers a brief followup on his recent article about hyperinflation in Venezuela with this obscure video of American left-socialist intellectual Noam Chomsky’s 2009 visit to Caracas (go to 3:57).
Noam Chomsky: “I would like to thank President Chavez for the kind and generous words. He said that I write about peace and criticize the barriers to peace; that's easy. What's harder is to create is a better world and what's so exciting about at last visiting Venezuela is that I can see how a better world is being created and speak to the person who’s inspired it.”
Why didn’t the Economics Correspondent ever see this video on NBC or CNN before? And with Venezuela now universally agreed to be a humanitarian disaster-tragedy why aren't they playing it again--along with similar videos of visits and praise by Sean Penn, Danny Glover, Michael Moore, Oliver Stone, Naomi Campbell, Nobel-laureate economist Joseph Stiglitz, UK Labour Party leader Jeremy Corbyn, or Bernie Sanders?
By the time of Chomsky's visit Chavez's government had long-since seized major domestic and international productive assets and the country was experiencing high inflation and chronic shortages of water, milk, food, and other basic necessities plus frequent power blackouts.
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