The article shows that the disjunctive stated by Hernández et. al. between pay or excise national public debt is not relevant. Discussion should focus on the current price that is paid for national public debt. Treasury is offering TES on the market at an interest rate much greater than DTF....

This paper contributes to the debate regarding national government debt. It asks if government should excise public debt through inflation or pay it as it was stipulated, and argues that, from an economic and social point of view, what is desirable is the just fulfillment of State obligations....

La crisis venezolana tiene un carácter esencialmente institucional. El Estado, institución ductora del proceso de acumulación de capitales basado en la renta petrolera, se hipertrofió y arrastró consigo al resto de las variables estructurales que constituían el modo de regulación de la...