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Hilarious: Venezuela to eliminate 3 zeroes from currency to combat 'economic persecution'
americanthinker.com ^ | 3/23/2018 | Ric Moran

Posted on 03/23/2018 10:30:37 AM PDT by rktman

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To: rktman

41 posted on 03/23/2018 4:27:40 PM PDT by Chode (You have all of the resources you are going to have. Abandon your illusions and plan accordingly.)
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To: Chode

How’d I meet the Kingfish?

I put my hand in my pocket to get my wallet, and shook hands with the Kingfish.


42 posted on 03/23/2018 4:30:18 PM PDT by MUDDOG
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To: tet68

A year or so past, print shops in Europe declined to print any more of Venezuela’s currency due to non-payment of prior billing. Wonder where the print job was shopped to?


43 posted on 03/23/2018 5:19:06 PM PDT by Ozark Tom
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To: Ozark Tom
A year or so past, print shops in Europe declined to print any more of Venezuela’s currency due to non-payment of prior billing. Wonder where the print job was shopped to?

Kinkos

44 posted on 03/23/2018 5:20:14 PM PDT by BlueLancer (Black Rifle Coffee - Freedom, guns, tits, bacon, and booze!)
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To: MUDDOG
Amos be tellin the thuf
45 posted on 03/23/2018 10:14:43 PM PDT by Chode (You have all of the resources you are going to have. Abandon your illusions and plan accordingly.)
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To: fhayek

Germany in the 1920s was ridiculous; you were paid twice a day so you could spend at lunchtime, and while you were eating prices changed in restaurants. Easy to see why people embraced any solution to that...


46 posted on 03/24/2018 4:55:05 AM PDT by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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To: hanamizu

This is inevitable when money isn’t made of gold or silver; I read a description of payday in India, where you buy your essentials and spend the rest on gold - otherwise you’d “lose money” when you spent it later.

Gold and silver coinage is as valuable in one country as the next.


47 posted on 03/24/2018 5:01:02 AM PDT by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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To: kearnyirish2

This is inevitable when money isn’t made of gold or silver;...Gold and silver coinage is as valuable in one country as the next.


Unless the government makes holding silver/gold illegal. And governments have been known to cheat. (I’m sure you are shocked). The Romans made silver-covered copper coins called fourrees, that had to be accepted at full value, except for paying taxes. For taxes they demanded the genuine article.

Henry VIII made his “silver” coins more and more out of copper to the point of where his portrait’s nose started to look copperish. And after WWI Britain issued silver coins not in sterling (.925) but rather 50%. After WWII they went to copper nickel as did we in 1965.


48 posted on 03/24/2018 11:51:24 AM PDT by hanamizu
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To: hanamizu

Even Byzantium did that - but people could tell. Instead of five pieces of silver, something just cost ten new pieces of “silver”.


49 posted on 03/24/2018 1:56:03 PM PDT by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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