Well, gee. “Venezuelan consumer prices had their biggest monthly decline since at least 1990 in March,” says Bloomberg. The drop, of course, was in response to those inflation-cutting programs initiated by the government that I, and, in far more depth, Oil Wars, were flapping our arms about all month while Bloomberg and the New York Times’ editorial page were wasting column inches ridiculing one tiny cosmetic aspect of the plan, and pretending that it was the plan. Of course, according to Bloomberg, this good news was “unexpected.” Ahem.
The awesome part is that the Times now can write to write a whole new editorial praising the inflationary trends they were so preoccupied with two weeks ago. If you need anything from me, I’ll be over here holding my breath.
