Sunday, May 18, 2008

A solution

Much easier to do when you have a relatively small
government with the population to match...
We had dinner with a fellow who made a real change - Jose Pinera. As Chile's Labor Minister in the '80s, he completely changed the system of public pension financing and provided a model for the rest of the world.

We'll let Jose tell his story as he told it to us last night:...
See his story and some real inflation numbers.