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2018-08-17 Caribbean-Latin America
Swamped in Inflation, Venezuela Will Cut Five Zeros from Currency
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Posted by Frank G 2018-08-17 00:00|| || Front Page|| [11130 views ]  Top
 File under: Commies 

#1 Well.

That'll do it, then. Thanks, Nick.

Mike
Posted by Mike Kozlowski 2018-08-17 05:14||   2018-08-17 05:14|| Front Page Top

#2 Every month?
Posted by g(r)omgoru 2018-08-17 06:19||   2018-08-17 06:19|| Front Page Top

#3 Maybe they could go into the toilet paper business
Posted by Cheaderhead 2018-08-17 06:42||   2018-08-17 06:42|| Front Page Top

#4 Keep reading Marx, you'll never understand economics. He had Engels' money to keep him afloat.
Posted by Procopius2k 2018-08-17 07:19||   2018-08-17 07:19|| Front Page Top

#5 Inflation is always and everywhere the bill for when the government loots.
Posted by Bright Pebbles 2018-08-17 07:20||   2018-08-17 07:20|| Front Page Top

#6 Have they considered taxing Social Security or raising annual premiums for MEDICARE....every year? Open borders? Sanctuary cities? Free condoms and needles? Just a couple of random suggestions.
Posted by Besoeker 2018-08-17 07:55||   2018-08-17 07:55|| Front Page Top

#7 We now have a product that is successfully created in quantity by Venezuelan socialism.
The oil company stops running, food disappears, water and electricity creep to a stop.
But by god they can produce zeroes!
Posted by ed in texas 2018-08-17 08:04||   2018-08-17 08:04|| Front Page Top

#8 I'm going to try this on my personal finances. And it works! That was so easy! I moved my debt decimal point 5 places to the left and my income 5 places to the right! Jeff Bezos, here I come!
Posted by AlmostAnonymous5839 2018-08-17 09:01||   2018-08-17 09:01|| Front Page Top

#9 Socialism only produce shortage.

Inflation is a shortage of purchasing power.
Posted by Bright Pebbles 2018-08-17 09:38||   2018-08-17 09:38|| Front Page Top

#10 ...indirect taxation. Practiced daily in the Swamp and at the Fed.
Posted by Procopius2k 2018-08-17 10:07||   2018-08-17 10:07|| Front Page Top

#11 Also houses are now 7 times average wages from 2.5 times historically, yet "inflation" is low...
Posted by Bright Pebbles 2018-08-17 10:24||   2018-08-17 10:24|| Front Page Top

#12 yet "inflation" is low... "inflation" is whatever the gubmint says it is. Venezuela has nothing on the US financial authorities.
Posted by Anguper Hupomosing9418 2018-08-17 13:46||   2018-08-17 13:46|| Front Page Top

#13 Too bad leaders don’t understand scientific notation. Then adjusting for inflation would be a cinch
Posted by Alaska Paul 2018-08-17 19:04||   2018-08-17 19:04|| Front Page Top

#14 Would have been just as effective to ban plastic straws instead. oh wait... nobody can afford straws...
Posted by CrazyFool 2018-08-17 20:37||   2018-08-17 20:37|| Front Page Top

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