I have blank pieces of paper that are more valuable than their bolivar.
CBS is slipping. Somehow they slipped the “Socialist” word into the article. Normally that is verboten.
Alexandria Ocasio-Cortez responds: “They aren’t doing it right! They need people with Economics degrees from Boston University. People like me!”
communism doesn’t work.
This is exactly what the socialist arm (RATs) of the UniParty want for us....
They need to be defeated on every single front.
Ironically Venezuela is extremely rich in oil reserves.
What this means is Venezuelan currency is worthless and virtually all day-to-day transactions involve barter of one form or another.
Have they figured out how to blame it on “climate change” yet?
Just a few short years go I remember the people of Venezuela dancing in the streets after they voted for socialism.
Now they are dying in the streets because they voted for socialism.
Classic socialist arc, though. If you happen to be a party member or a foreign diplomat, there are shops for you that are always stocked and restaurants that are always full. The New Class always takes care of its own.
Get in on the ground floor!
Once Zimbabwe hit 1 million % inflation (July 2008), it was only a few months before they topped out at 79.6 Billion % (Dec 2008) before switching out their currency.
Communism just hasn’t been properly implemented yet.
According to Alexandria Ocasio-Cortez, 1 million percent inflation proves that socialism is growing Venezuela’s economy at exponential rates, 250,000 times faster than in the USA!
And with each socialist doing the work of 1/1,000,000 of a capitalist, there is no unemployment! Paradise achieved.
This is the glorious revolution idolized by our Kenyanesian Usurper and his minions that he has embedded in our government.
Socialism in action - soon coming to a Leftist sh*t hole near you.
If I were young again, I think I might go down there with a roll of US bills and find somebody with a big bag full of Venezuelan emeralds.
Pompeo says Ayatollah leading Iran has $95B hedge fund. If we had a real CIA I’d say have them steal it. After all Obama illegally (unbudgetted) gave him over $100B so Trump would just be recovering stolen US assets. Time the theft to fulfill his bolded tweet response to Iran. If we can’t do that, arrange to have the hedge fund denoted in Venezuelan Bolivars. It would make a memorable economic lesson for the left.
Beats my 10 million Mark note form the twenties.