Tuesday, January 9, 2018

FORECASTED 30,000% INFLATION RATE IN VENEZUELA

The socialist currency of the revolution isn’t counted, it’s weighed on scales. The only thing “strong” about the bolivar is the exercise you get from carrying bags of them everywhere. You could forge bolivars, but the fake money would cost you more than the real money. If you can actually print bolivars, go ahead and get in touch with the Venezuelan government which can’t afford to print its own money.
Venezuela’s central bank (under socialism, everything is centralized) can’t pay for the paper to print all the worthless money. And none of the companies that might sell the socialists the paper will take its worthless paper money in exchange for their paper. There’s no point in printing anything less than 50 bolivar notes because they’re worth less than the cost of the paper. But putting Obamanomics in action, Venezuela ordered billions more bills: more than the United States and Europe have combined.


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