Monday, March 24, 2008


PRICES SOAR IN SANTA CRUZ!

Inflation rears its nasty head in Bolivia.

I used to pay $US1.50 for a simple lunch at one of my favorite restaurants. It now costs close to $US3.00. Prices, especially food stuff, have soared. And like a fatal epidemic, prices of other consumer goods have also fallen victim to rising prices. I´ve been here 14 years; this is my first experience of rabid latin american inflation.

The government accuses business corporations of hoarding and have decreed a temporary ban on exports of locally produced food stuff. The business community have predictably pointed the finger at government mismanagment.

The lower middle class and the poor are the hardest hit. A watchmen told me this morning - we just eat less and our stomachs get smaller. And to make things even more difficult, salaries have not risen to match rising prices.

Pray for Bolivia!!!

2 comments:

Stephen said...

Hey Raphael,
This is Stephen Dass. I found your blog online. Very interesting. Inflation in Brazil is terrible. I am coming to the point that I cannot afford to live here anymore. God bless. I met Bishop Gregory Venables today.

Raphael Samuel said...

great to hear from you stephen..do you have a blog?

I worked with Bp Greg when he was Bp of Bolivia.