This is a critique, written in the form of an open letter, of the economic policies of the military Junta in Chile. The Junta's economic programme consists of freeing almost all prices to raise them several-fold to 'world levels' and increasing the money supply concomitantly, A 'free' capital market is fostered as well, which beyond concentrating capital into conglomerates also creates its own financial instruments above and beyond the control and even the accounting of the state, end which at the same time increases the amount of monetary means of payment and their velocity of circulation.
