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'Think of it as an ice cube': How Venezuela became a disaster state (80,000% Hyperinflation)
Yahoo ^ | 12/29/18

Posted on 01/01/2019 3:31:36 PM PST by Libloather

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To: Jane Long
Political memes are not meant to be news reports. They're part accurate and part made-up to make a point, like political cartoons.

The weight loss figures and food shortage figures for the newspaper headline are accurate, based on actual news reports.

But Maduro's weight gain "stat" as you call it, is not a factual number. I made the number up to emphasize my point in the meme.

I have no idea whether he's gained weight or lost weight as president. But I did make his jowls a little "fatter" to emphasize my point, as well.

And he didn't say, "When's brunch?". I made that up to to drive the point home even more.

It actually takes a lot of work to come up with a good political meme. I read the news reports and something will pop into my head. And then I have to go find all the parts on the internet to Photoshop them into an image in order to make clear to the viewer what my point is. The wording is critical too and I edit the text over an over until I get the right presentation.

A simple meme can take just 15 or 20 minutes to create if I'm lucky. Others, like this one took parts of two days while I slept on the look and wording to make sure it had the right look. But in today's fast moving news, if I wait too long tweaking it, then it is old news and not relevant anymore. I do these memes for fun and have done hundreds of them since I started about 10 years ago.

It's like a punch line for a joke. If I have to explain it, then you missed the point.

Happy New Year. :-)

61 posted on 01/01/2019 6:59:52 PM PST by HotHunt (Reagan was good but TRUMP IS GREAT!)
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To: Jane Long
Commercial Photography Commercial PhotographyCommercial Photography
62 posted on 01/01/2019 7:04:13 PM PST by CaliforniaCraftBeer
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To: Moonman62

Inflation caused by a fall in productivity.
+++++
So explain why prices are up at least 1000% since 1950. Has productivity been on the wane for the last 70 years? You must know better than that.

In the short run you might be right. In the long run you aren’t.

Money is just a method for exchanging like value for goods and services. The market does its thing and exchanges are made and everyone is happy. Flood the market with fiat currency and I guarantee you that prices and wages will rise.


63 posted on 01/01/2019 7:05:05 PM PST by InterceptPoint (Ted, you finally endorsed. A)
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To: CaliforniaCraftBeer
Commercial Photography
64 posted on 01/01/2019 7:09:54 PM PST by CaliforniaCraftBeer
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To: InterceptPoint

So explain why prices are up at least 1000% since 1950.

...

Because the Federal Reserve hinders economic growth with their false premise that economic growth causes inflation.

They cause recessions by raising interest rates too high, and then they devalue the dollar by lowering rates too low to get us out of the recessions that they cause.


65 posted on 01/01/2019 7:12:38 PM PST by Moonman62 (Give a man a fish and he'll be a Democrat. Teach a man to fish and he'll be a responsible citizen.)
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To: onedoug

“She’ll be a millionaire soon...still pushing this socialism nonsense.”

Someone needs to create a clock for her, like the national debt clock.
Track her net worth on a monthly basis as she enters Congress and starts skimming dollars into her bank accounts.
It’s disgraceful how these types enter Congress and become millionaires.


66 posted on 01/01/2019 7:16:51 PM PST by HereInTheHeartland (I don't want better government; I want much less of it.)
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To: InterceptPoint
50’s Prices

FYI.

67 posted on 01/01/2019 7:21:05 PM PST by InterceptPoint (Ted, you finally endorsed. A)
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To: Moonman62

They cause recessions by raising interest rates too high, and then they devalue the dollar by lowering rates too low to get us out of the recessions that they cause.
+++++
You are getting closer.

But note that lowering interest rates increases borrowing, spending and investment. It takes more dollars in circulation to allow that. So the Fed, in its great wisdom, simply creates the credit and Federal Reserve notes required.

In the end it is the increase in money in circulation that caused inflation. The Fed is just a bunch of bankers holding on to the pump handle while making $Billions for their “service”.


68 posted on 01/01/2019 7:47:18 PM PST by InterceptPoint (Ted, you finally endorsed. A)
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To: HotHunt

I LOVE all of your memes and truly appreciate your PS skills.

I was just curious if that was something maybe his docs/media let slip...or, even him...since he sneaks bites of empanadas when he thinks he’s off camera.

He has definitely packed on some pounds. Which, as your meme points out, is quite sickening...considering his country’s people are literally starving.

Thanks for the reply.


69 posted on 01/01/2019 7:52:01 PM PST by Jane Long (Praise God, from whom ALL blessings flow.)
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To: CaliforniaCraftBeer

He really is a disgusting pig!


70 posted on 01/01/2019 7:52:53 PM PST by Jane Long (Praise God, from whom ALL blessings flow.)
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To: InterceptPoint

In the end it is the increase in money in circulation that caused inflation.

...

You’re getting closer. They have to pump money into the economy to reverse the recessions that they cause. If they let the economy grow this wouldn’t happen.


71 posted on 01/01/2019 7:58:51 PM PST by Moonman62 (Give a man a fish and he'll be a Democrat. Teach a man to fish and he'll be a responsible citizen.)
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To: Moonman62

You’re getting closer. They have to pump money into the economy to reverse the recessions that they cause. If they let the economy grow this wouldn’t happen.
+++++
The Fed pumps it in but the Fed never pumps it out so it just grows and grows. The whole business with interest rates is the Fed attempting to improve the economy by artificially increasing capital via lower interest rates. Higher interest rates are used to hide the inflation they have caused. An endless cycle that we are trapped in.

Unfortunately the inflation is not reversed except in the short run by the higher interest rates.

We would all be better off with interest rates set by supply and demand without any “help” from the Fed.


72 posted on 01/01/2019 8:24:23 PM PST by InterceptPoint (Ted, you finally endorsed. A)
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To: InterceptPoint

We would all be better off with interest rates set by supply and demand without any “help” from the Fed.

...

On that we agree.


73 posted on 01/01/2019 8:43:03 PM PST by Moonman62 (Give a man a fish and he'll be a Democrat. Teach a man to fish and he'll be a responsible citizen.)
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To: Jane Long
Thanks for the compliment, Jane Long. I appreciate it.

I like the "graphic" presentation of an issue as an editorial comment on some threads more than I do simply typing a written comment sometimes.

But it's hard to know whether people notice them or not. Sometimes I'll read comments on a thread and get an idea for a meme. By the time I create it and go back to the thread to post it, my graphic may be so far down the list that it's too late for most people to see it because they've moved on to more recent threads themselves.

As to your comment on Maduro's weight gain, I do remember an article from September where he and his wife feasted on pricey steaks and he smoked cigars at a "Salt Bae" restaurant in Istanbul, Turkey, drawing ire and condemnation back home, where an economy spiraling toward collapse has triggered a food crisis.

He is the classic socialist elitist who thinks he's above the suffering of the people he governs. Cake for me but no cake for thee.

Early in December, he was in the news trying to repatriate 16 tons of gold worth more than $500 million which had been deposited at the Bank of England because of fears it could be caught up in international sanctions on his country.

My own theory is that he was getting ready to abscond with it and escape his own countryman's wrath by going into exile in Cuba. Getting out before the noose around his neck tightened.

I don't see how he stays in power much longer. The situation is so dire that he will either escape Venezuela or be killed by his own people.

74 posted on 01/01/2019 11:13:53 PM PST by HotHunt (Reagan was good but TRUMP IS GREAT!)
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To: Libloather

Horrible


75 posted on 01/02/2019 5:56:09 AM PST by AmericanInTokyo (Like lemmings over a cliff: Conservative website now “pro-North Korean” Go figure...)
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To: Libloather

Horrible


76 posted on 01/02/2019 5:56:57 AM PST by AmericanInTokyo (Like lemmings over a cliff: Conservative website now ‘pro-North Korean’ Go figure...)
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To: Libloather

three million Venezuelans have sought refuge, hoping to find a new and safer place they can call home.


Why can’t these three millions begin a revolution and take back their country?


77 posted on 01/03/2019 7:42:14 AM PST by CIB-173RDABN (I am not an expert in anything, and my opinion is just that, an opinion. I may be wrong.)
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