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.
Chavez said the measure would help fight inflation and boost the strength of the local currency.
"A strong bolivar, a strong currency," Chavez said on his newly revamped TV show, "Hello, Jackass." If you think this is brlilliant, just wait for his five-year plan to end food shortages by growing cherry tomatoes instead of big juicy decadent capitalist beefsteaks. His slogan: "More to go around!"
And then there's the plan to reduce unemployment using the very unique two-hour workweek and mandatory 51 week vacations. More jobs to go around!
<>And then there's the plan to reduce unemployment using the very unique two-hour workweek and mandatory 51 week vacations. More jobs to go around!
I think his next move will be to cure poverty by raising the minimum wage in Venezula.