Posted on 08/18/2015 6:26:01 AM PDT by Enlightened1
An image is going round that sums up just how ridiculous Venezuela's economy has become.
A Reddit user uploaded a picture on Monday of a man using a 2 bolivar note to hold an empanada.
According to Venezuela's official bolivar-dollar exchange rate, the man using his money as a napkin is wasting about $0.31 (£0.20).
But on the black market, the reality is completely different. You can get 676.88 bolivars to the dollar, according to dolartoday.com. That means holding food with a 2 bolivar note costs the holder less than a third of one US cent.
Read more: http://uk.businessinsider.com/venezuelas-currency-is-now-so-worthless-that-people-are-using-it-as-napkins-2015-8#ixzz3jAmKI3sP .
(Excerpt) Read more at businessinsider.com ...
Preppers’ PING!!
Hat tip to TADSLOS for the heads up.
We wouldn't be.
Our enemies would be.
EVERYTHING obama does either:
a) Weakens America/AmericansThere are NO counter examples.
b) Distances America's allies
c) Strengthens America's enemies
d) Attacks Christianity
e) Serves Islam
f) Harms Israel
Or some combination of the above.
They’re not using it as toilet paper?
I thought that’s what they were short on.
Money is filthy.
Gold is money when fiat is not money.
Yes, if you are trying to destroy this nation. Which is the goal of the UN, the bilderburgers and Agenda 21.
“Someone should ask Sean Penn what he thinks of how far his pal H Chavez’s “workers paradise” has fallen.”
If we all donated a penny and offered him a six month vacation...to that “workers’ paradise...might be just enough time for him to end up
like Benito Amilcare Andrea Mussolini’s mistress...
hanging upside down in a public square...by his heels.
May his soul be Blessed... of course! ( ; )
...(suggestion for public outreach to all our socialist citizens in Congress and out)
1963 - this was a plotline from The Beverly Hillbillies.
2015 - this is real life.
And they claim we are not devolving.
Sounds like a good way to have little Neidermeyer catch a “cold”.
The corrupt government of Venezuela has rendered peoples’ savings worthless, and thus confiscated them. It has made the people dependent on government. It has rendered its debts uncollectable and thus given itself a gift. It has protected itself from the effects of runaway inflation by guaranteeing itself raises in real money. Screw the public and live high off the hog - the leftists’ motto.
> “When will Michael Moore donate his table scraps to these poor starving socialists?”
You should know that he does not leave any table scraps.
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.