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To: 2ndDivisionVet
Venezuela simply needs to print a bunch more currency and pay everyone with it.

This is easy. Use Zimbabwe as the example to follow.

4 posted on 08/28/2016 9:29:03 PM PDT by ConservativeMind ("Humane" = "Don't pen up pets or eat meat, but allow infanticide, abortion, and euthanasia.")
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To: ConservativeMind

They set up a socialism based on a single-product export that was nationalized, not private.

That rides high as long as the export rides high. But when it doesn’t ride high... OH NOES! OMG!


5 posted on 08/28/2016 9:35:19 PM PDT by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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To: ConservativeMind

And I can’t help but be a little contrarian. Alaska state currently pays out to its citizens a dividend from its state owned mineral income. Its people are in a position like this, though writ small (Alaskans do other capitalist things to earn their keep, which Venezuela is not).

Anyhow, Venezuela needs to diversify. That should be screamingly obvious now.


7 posted on 08/28/2016 9:38:42 PM PDT by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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To: ConservativeMind
The problem for Venezuela is that they CAN'T print more money. Their money is printed outside of Venezuela, and they can't afford to pay for it. Perhaps they can get some cartoonists to draw some for them.
8 posted on 08/28/2016 9:39:38 PM PDT by Enterprise ("Those who can make you believe absurdities can make you commit atrocities." Voltaire)
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To: ConservativeMind

why go so far, looks like the USA


19 posted on 08/28/2016 10:39:24 PM PDT by aces ( Islam is the religion of the dead, Got Jesus?)
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