Posted on 12/03/2017 4:08:56 PM PST by mdittmar
CARACAS (Reuters) - Venezuelan President Nicolas Maduro looked to the world of digital currency to circumvent U.S.-led financial sanctions, announcing on Sunday the launch of the petro backed by oil reserves to shore up a collapsed economy.
The leftist leader offered few specifics about the currency launch or how the struggling OPEC member would pull off such a feat, but he declared to cheers that the 21st century has arrived!
(Excerpt) Read more at reuters.com ...
Still more than what will back the Petro.
I think the US Gub'ment/Federal Reserve has the patent on that one. That is pretty much how our Federal Reserve system works.
[resists overwhelming urge to create image of a coin featuring celery]
[googles “celery coin”]
“[googles celery coin]”
But.. but ... but it’s Celerity.
Everyone seems to read Celery or Celebrity. It’s neither. Celerity.
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