> Cam Wrote:
>> "Ok, you're approved!"
>

PREVIEW OF AMERICA's FUTURE:

Venezuelan Agriculture Minister Elias Jaua asked consumers to start
bargaining over prices with retailers to try to curb inflation.

"The most important help that people can give us (in fighting
inflation) is that they defend their income. We can't get used to
buying everything at any price," Jaua told reporters . "If we all
start haggling over prices, speculators are going to start feeling
pressured," Jaua said.

The Venezuelan government identifies inflation as the country's
largest economic worry. Efforts to control inflation, which have
essentially focused on timid rate increases by the central bank and
increasing prices on some controlled goods, so far have proven
ineffective.

The country's annual inflation rate climbed to 32.2% in June, and
several analysts forecast it to close the year at more than 30%.

The Venezuelan government commonly blames speculators for the price
increases, while economists point to high government spending and a
consumption boom as the main factors driving up prices. –Darcy Crowe

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