Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Venezuelan inflation rate surges above 50 percent
Associated Press ^ | Nov 7, 2013 5:18 PM EST

Posted on 11/07/2013 3:17:13 PM PST by Olog-hai

Inflation in Venezuela has surged above 50 percent as a plunge in the value of the currency deters investment and makes basic goods harder to find. …

President Nicolás Maduro vowed on Wednesday to intensify efforts to stamp out currency speculators and hoarders he accuses of waging “economic war” against the government. …

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Business/Economy; Foreign Affairs; Government; News/Current Events
KEYWORDS: hyperinflation; inflation; liberalagenda; venezuela

1 posted on 11/07/2013 3:17:13 PM PST by Olog-hai
[ Post Reply | Private Reply | View Replies]

To: Olog-hai

Marxists are ridiculously stupid.

Really, its embarrassing to watch.


2 posted on 11/07/2013 3:19:59 PM PST by LucianOfSamasota (Tanstaafl - its not just for breakfast anymore...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Olog-hai

America is destined for the same headline. The Federal Reserve will see to it.


3 posted on 11/07/2013 3:20:54 PM PST by OB1kNOb (If govmt is stockpiling guns, ammo, food, & meds, don't you think it's a good idea to do the same?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: OB1kNOb

“America is destined for the same headline. The Federal Reserve will see to it.”

oh c’mon.....Bernanke and yellin have our best interests at heart.


4 posted on 11/07/2013 3:24:19 PM PST by willywill
[ Post Reply | Private Reply | To 3 | View Replies]

To: Olog-hai
ah yes, the joys of the concentrated blessings of communism...
5 posted on 11/07/2013 3:25:42 PM PST by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -vvv- NO Pity for the LAZY)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Olog-hai
NOoooooooooooooooo!!!

It cannot be!

Certainly not in a worker's paradise!
Not in a place that the POTUS wants us to fundamentally morph into.

Could the Progressives, Democrats, Dingy Harry, Bathouse Pelosi, and even Obama be wrong?!?!?

*rubs eyes in mock disbelief*

6 posted on 11/07/2013 3:26:48 PM PST by PATRIOT1876
[ Post Reply | Private Reply | To 1 | View Replies]

To: willywill

Yep. Just like Obama.


7 posted on 11/07/2013 3:26:50 PM PST by OB1kNOb (If govmt is stockpiling guns, ammo, food, & meds, don't you think it's a good idea to do the same?)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Olog-hai

Central planning.

It takes care of people.


8 posted on 11/07/2013 3:39:53 PM PST by lurk
[ Post Reply | Private Reply | To 1 | View Replies]

To: Olog-hai

Or should it be,

Central planning.

It does things to people.


9 posted on 11/07/2013 3:40:21 PM PST by lurk
[ Post Reply | Private Reply | To 1 | View Replies]

To: Olog-hai

This is what happens when government policies hurt production.


10 posted on 11/07/2013 3:42:43 PM PST by Moonman62 (The US has become a government with a country, rather than a country with a government.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: OB1kNOb

For the past few years the Fed has been keeping rates artificially low by buying massive amounts of government debt. They did the same thing from the 1950’s to the early 1970’s. Eventually they run out of ink.


11 posted on 11/07/2013 3:44:27 PM PST by Moonman62 (The US has become a government with a country, rather than a country with a government.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Olog-hai

Not a record but a nice try there hombres. I think Zimbabwe still holds the top spot. If Bernake keeps it rolling though we’ll be close behind very soon.


12 posted on 11/07/2013 3:52:59 PM PST by Don Corleone ("Oil the gun..eat the cannoli. Take it to the Mattress.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Olog-hai
"President Nicolás Maduro vowed on Wednesday to intensify efforts to stamp out currency speculators and hoarders he accuses of waging “economic war” against the government."

Of course it's never the ridiculous nonsensical marxist economic policies that are imposed upon the people that are to blame! Just like the Democrat Party in America does -- defend the ideology at all costs. It's never to be blamed. It's always the greedy evil Capitalists fault.

13 posted on 11/07/2013 4:09:54 PM PST by StormEye
[ Post Reply | Private Reply | To 1 | View Replies]

To: LucianOfSamasota

Maduro isn’t smart enough to be called a socialist.

He drove a bus for a living before he ended up being muscle for Chavez.

He’s just a dim witted thug, looking to beat stuff out of anyone who’s got stuff.


14 posted on 11/07/2013 6:30:36 PM PST by Regulator
[ Post Reply | Private Reply | To 2 | View Replies]

To: Olog-hai

“Good news and bad news, Comrades. The good news is that the toilet paper shortage is over. The bad news is that it now costs more than your car.”


15 posted on 11/07/2013 6:34:47 PM PST by Billthedrill
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson