Today
in the corporate media, Venezuela’s economic problems are used to
paint the country as a failed state, in need of foreign-backed regime
change. To get the Bolivarian government’s side of the crisis, Abby
Martin interviews Venezuela’s Minister of Economic Planning,
Ricardo Menéndez. They discuss shortages, oil dependency, the role
of the US-backed opposition movement and more. The Empire Files
joined him in Cojedes, Venezuela, where he was speaking to mass
community meetings, organizing the population to fight against what
he calls an economic war.
In a
specific part of the interview, Menéndez explains briefly the
economic war launched by the US empire against Venezuela:
We are the
victims of an attack to the Bolivar, the national currency. This
charge against our currency has become evident on certain websites
based outside Venezuela, where fictitiously, without any rationale or
economic proof to back it up, they determine a political value of our
currency. With this political value they pretend to generate the cost
structure of what happens in our nation. You can have a product made
in Venezuela that contains no imported parts, but the price is fixed
by this rate, which is set in Miami, where they decide precisely the
rate for the Bolivar.
At the same
time, it gains an economic presence and they decide to accelerate the
process. They detonate the price between Miami and Cucuta. These are
two geopolitical components that you can have a clear read of their
participation in the economic assault on Venezuela.
70% of the
inflation in Venezuela is related to the American dollar rating being
effectively made both in Miami and Cucuta. Afterwards, the extraction
of paper currency. This means actually taking Bolivars out of the
borders in order to generate a drought, affecting the ability of
Venezuelans to pay in cash. These are concrete elements. So, the
currency was affected by extraction smuggling. This extraction
smuggling, envelops in certain cases, up to 40% of the products of
the country that are taken away via extraction smuggling. This is a
clear call of aggression towards a nation.
We have
imported 300,000 tons of rice, and 300,000 tons of rice goes through
the border towards Colombia. In the face of this strategy that
intended to bring our country to bankruptcy, that was the basic
intention, breaking the Republic, the nation. The government declared
emergency measures in the face of this intention.
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