Venezuela's government has started to call on people to haggle more in order to bring down inflation (Hat tip Greg Mankiw), which has risen in Venezuela to 32.2%. Of course, this is better (as it at least do not create much more problems) than the Chavez regime's other method of legal price controls, but ultimately it won't solve the problem. To solve the problem, Chavez would have to reduce money creation, but it seems unlikely that they would want do that, as that would imply reduced government revenue.
Haggling was by the way explained in this scene from history's funniest movie, Monthy Python's Life of Brian.
Supporting this blog. Option number 1:
Option number 2:
When you purchase something at amazon.com, follow the below link and the blog gets supported at no extra cost for you:
Option number 3:
Buy the book Collateral Damage: Global Crash Phase Part Two where I participate.
Option number 4: Buy an ad so as to give your website more traffic. Contact me at firstname.lastname@example.org for more information.