Posted on 10/11/2017 5:47:52 AM PDT by C19fan
In its global report released on Tuesday, the International Monetary Fund (IMF) estimated that inflation within crisis-laden Venezuela could skyrocket to more than 2,300% by 2018.
(Excerpt) Read more at foxbusiness.com ...
OMG, those poor people. They will be fleeing the country and probably a lot of them will make their way to the U.S., illegally.
They’ve eaten all the zoo animals, so what’s next?
socialism fails once again.
Hyper-inflation inevitably leads to war.
Long past time for the pitchforks. The military has to take over, and start again.
> inflation within crisis-laden Venezuela could skyrocket to more than 2,300% by 2018 <
Yes, but American liberals will increase their defense of socialism by 2,400%. So it’s all good.
Yes and still the left pretends that after 80 times it fails we still need to try again.
Quick. Mobilize the Hollywood relief team. Gas up the Gulfstream, send Moore, Sarandon, Glover, Baldwin, and O’Donnell. No doubt Weinstein will finance the trip and want to go himself. Take Jemele as an embedded reporter. Bye.
The zoo keepers.
Once the army stops getting reliable pay and food, the wheel will turn.
They must have some serious full employment down there, because our Federal Reserve seems to think that’s the cause of inflation.
I have “one hundred Trillion dollar” Zimbabwe note as a paper weight. Until Venezuela starts printing notes that large, there is no crisis.
Hyper-inflation inevitably leads to war.
...
Ironically it’s war that usually leads to hyperinflation. The Revolutionary war caused one in America.
>>Need a bigger wheel barrow.
2,300% inflation is nothing.. Zimbabwe hit 231,150,888.87% (July 2008) before they stopped publishing the rates, and an estimated 79,600,000,000% (Nov 2008) at it’s peak.
>>I have “one hundred Trillion dollar” Zimbabwe note as a paper weight.
Was that from before or after they knocked 6 zeros off the currency?
Gotta love the success of Socialism. I mean everyone wants to stand in line for toilet paper and do without food and medicine. Bernie Sanders is probably moving to Venezuela tomorrow he loves it so much.
Inflation: the gift that never stops giving, to the government. The ruling elite has protected itself from rising prices by giving themselves “Cost of living adjustments” in their salaries and pensions.
The constantly decreasing value of savings tends to reduce a lifetime’s work effort to zero value. This makes the elderly, who are not allowed to work, more dependent on the fucking government.
Pets, criminals, homeless, each other. This is the end result of socialism.
LOL
So RAISE TAXES!
That will surely help!
Yeah communism!
/sarc
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