Chavez in fight for Venezuela currency even on Twitter by Zivka Deleva

After they arrested a man that was trying to embattled the Venezuela's currency the bolivar, the states' president Hugo Chavez called for the nation to use all the possible ways to defend him and their curency, even using the social networking Twitter. The president is fighting eagerly with the illegal money changing, and started a massive raid against these criminals. The arrested man had his web side where he ruled the money price. 'We have changed the law and started the raids. It's robbery. You take a dollar that is officially worth 2.6 or 4.3 and you sell it ... at 8 or 10. It's robbery and everyone should report it,' - said the President on his weekly television show! . Yesterday he signed a new law against currency speculation, which aims to strengthen the bolivar currency. This man definatily is not choosing the methods how to attract more and more "friends" around him. He is known as a very interesting and not conventional president and few weaks ago opened up his account on the site Twitter. Since then, he had attracted 300.000 friends. He begs for his people to point out each illegal seller, so together they will fight for the common good. On the other hand, some economists are worried that this kind of action is not going to help the country. "It's a Draconian system. Unfortunately this new scheme is going to end up increasing inflation, bringing about shortage of products and creating more distortions in the currency market" - said Asdrubal Oliveros, an analyst at the Caracas-based Ecoanalitica think tank. For you who are going to wonder why the president mentioned two bolivar rates it is because the 2.6 rate is for importing ! food and medicine and the 4.3 rate is for turning oil dollars ! into bol ivars and for importing non-essential items. We shall wait and see what will happen with the bolivar, but one thing is for sure that other statesmen should learn from this Socialists leader.

by Zivka Deleva for Cantell TV (http://cantell.tv)

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