Posted on 07/18/2016 7:57:48 AM PDT by C19fan
While most advanced economies struggle to lift inflation, none would want Venezuelas situation: Consumer-price inflation is forecast to hit 480% this year and top 1,640% in 2017, according to the International Monetary Fund.
A shortage of medical supplies means infants and other sick patients are dying of treatable illnesses. Soldiers guard empty grocery store shelves. Inflation is so bad, the government has had to order bolivars by the planeload.
(Excerpt) Read more at marketwatch.com ...
The idiot, liberal socialist “paradise” not working? Who could have guessed?
Socialism works every time it’s tried....When you’re in the club.
Never fear. Right before our Terrorist in Chief leaves office, he’ll write out a nice hefty check for them, Puerto Rico and half the other countries around the world.
Another wealthy nation destroyed by communism. We should start fixing that shit for them like we used to.
Then tell them to stfu.
It ta1kes real talent to have your citizens starve in the dark in a country with more oil reserves than Saudi Arabia and massive amounts of prime farmland...
Socialism works every time its tried....When youre in the club.
Maybe their government can jump in and help to fix the problem.
When you run out of money and start printing plane loads of “Bolivars in order to keep your welfare state operating is there some possibility that prices might rise just a rise a bit?
Venezuela is self-distructing. This will not end well.
yup..if they could only be in the club!!!...It would work!!!!
vicious circle isn't it...
Sanders wanted us to be just like them.
Socialist governments murdered 100 000 000 people in the last century; think what they could have accomplished if only “the right people had been in charge”.
The liberals say inflation is good.
Hugo Chavez’s daughter says, “Let them eat cats, er, I mean, cake.”
Socialism...so much better than capitalism.
Gee. I wonder how she earned that money?
Socialism in all it’s glory... robbing the people of all their wealth..
Yeah, socialism is great. The MSM is absolutely hiding the downfall and suffering so young people don’t catch on.
if you divide the price by the availability, the rate becomes infinite because the availability is 0
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