[President Hugo Chavez announced Thursday that a new currency will be introduced into Venezuela next year in order to combat inflation. Chavez said three zeros will be stripped from the bolivar, and banknotes and coins for the "new bolivar" would enter into circulation in early 2008.]
It would be easier and take less effort for Chavez to just tell his boys in the legislature to repeal the law of Supply and Demand.
How about having them repeal the law of gravity at the same time?
I was just looking at M-cubed's reference to an inflation counter. It tells me that the nickel I used to buy a loaf of bread or a lot of candy in 1930 is now worth less than a half cent. Or, to put it another way, what cost $87 in 1930 now costs $1000. Inflation is a bitch.