Inflation in Venezuela hits 2,000,000%

[Toro]

Of course, the ignorant, anti-American ideologues will blame the US for the incompetence of the economic illiterates Maduro/Chavez. But we've seen this over and over and over again in the Third World.

The dumb, willfully ignorant will believe what they want to believe. But incompetent statists in Latin America have been blaming the US for their incompetence for over a century. Today is no different.

A 2 million percent inflation rate is ravaging savings and salaries, devastating a once-vibrant manufacturing sector by suppressing demand. Makers of products from cars to cosmetics to beer now operate at less than 20% of capacity. Owners are running out of capital to pay soaring salaries and stock raw materials.​

Hyperinflation Shatters Venezuelan Manufacturing

 

[peach174]

That's what happens when you promise the people big gov. programs that's unpaid for and then print your money to pay for it.
Unrealistic inflation like this.

 

[CrusaderFrank]

Of course, the ignorant, anti-American ideologues will blame the US for the incompetence of the economic illiterates Maduro/Chavez. But we've seen this over and over and over again in the Third World.

The dumb, willfully ignorant will believe what they want to believe. But incompetent statists in Latin America have been blaming the US for their incompetence for over a century. Today is no different.

A 2 million percent inflation rate is ravaging savings and salaries, devastating a once-vibrant manufacturing sector by suppressing demand. Makers of products from cars to cosmetics to beer now operate at less than 20% of capacity. Owners are running out of capital to pay soaring salaries and stock raw materials.​

Hyperinflation Shatters Venezuelan Manufacturing

We need to airdrop Bernie and AOC there immediately

 

[AzogtheDefiler]

AOC cannot do basic math so %s are out of her league.

 

[CrusaderFrank]

AOC cannot do basic math so %s are out of her league.

She should ask Barack

 

[TNHarley]

Omg
Fuck the government

 

[Toro]

We need to airdrop Bernie and AOC there immediately

So they can experience socialism on steroids?