It is obvious that growing government and having everyone receive government income is the desired outcome of Washington. Everything from altering election laws, illegal immigration, and moving jobs overseas seems to be done for the goal of putting people on some sort of government or national income. How is that supposed to work? The tax pool shrinks and everybody is supposed to get taxpayer incomes? How long can the government print money for such a system?
They can print it forever....
Then we can use it as cheap toilet paper!!!
With crisis stricken currency, Venezuela rolls out larger denomination banknotes | Hindustan Times
Bills worth 200,000 and 500,000 bolivars - worth just 10 and 27 US cents, respectively, at the current exchange rate - began to circulate on Monday, according to Reuters witnesses.
Bills worth 200,000 and 500,000 bolivars - worth just 10 and 27 US cents, respectively, at the current exchange rate - began to circulate on Monday, according to Reuters witnesses. Venezuela's central bank said this month it also planned to roll a bill worth 1 million bolivars, just 50 US cents.
The highest-denomination bill had previously been 50,000 bolivars. Annual inflation in the once-prosperous OPEC nation was running at 2,665% in January, contributing to chronic shortages of cash.
"These bills in a few months will not be worth anything anymore, because in this country prices rise very quickly," said Rafael Alvarez, a healthcare worker who left a bank carrying one 200,000 bolivar bill and four bills worth 50,000 bolivars each. All that is equivalent to just 20 US cents.