The Devil's Excrement

8 Responses to “About”

1. Colin Says:

   
   July 16, 2009 at 4:00 am

   Yo! Great blog.

   I’m trying to drop you a line. You don’t have your email address anywhere?

   Colin

   Reply
2. jscore Says:

   
   October 6, 2009 at 10:23 pm

   Hey there,

   Great blog. Couldn’t find your email on here, but I was going to ask you if you can explain in layman’s terms why does Venezuela have a fixed 1:2.15 exchange rate and thus a parallel black market rate?

   Thanks

   Reply
   • moctavio Says:

     
     October 6, 2009 at 11:29 pm

     In 2003 Chavez imposed controls to protect reserves. In time, he refuses to let it go because of its inflationary consequences, but the parallel rate goes higher and he controls who he gives Bs. 2.15 to. It has now become a trap, he likes the political control, refuses to devalue, the swap rate goes higher and he gives less and less at the official rate.

     Reply
3. Sam Hussey Says:

   
   December 3, 2009 at 8:00 am

   Hi

   I don’t know if you know this data but DB Research has come out with these economic figures for Venezuela for 2010.

   http://www.dbresearch.de/servlet/reweb2.ReWEB;jsessionid=4E23226143B3748C957DE5F7BA2B9E6F.srv11-dbr-de?rwdspl=0&rwnode=CIB_INTERNET_EN-PROD$RSNN0000000000019915&rwsite=CIB_INTERNET_EN-PROD

   Reply
4. moctavio Says:

   
   December 3, 2009 at 8:06 am

   Thanks Sam, but the link does not work, there are either extra characters, or missing ones. Can you repeat?

   Reply
5. espadachin Says:

   
   January 21, 2010 at 10:22 pm

   http://gregor.us/oil/venezuela-bids-to-become-a-dysfunctional-petrostate/

   Reply
6. RVB Says:

   
   March 31, 2010 at 9:55 am

   Pls let me know how I can contact you by phone/email.

   Reply
7. moctavio Says:

   
   March 31, 2010 at 10:32 am

   I can be contacted at devilexcrement@gmail.com

   Reply