1. If you enjoy the forum please consider supporting it by signing up for a NES Membership  The benefits pay for the membership many times over.

Another Win for Socialism: Venezuela "Fixes" currency by removing Zero's

Discussion in 'Off-Topic' started by jpk, Mar 25, 2018.

  1. mibro

    mibro NES Member

    Joined:
    Mar 4, 2013
    Messages:
    10,394
    Likes Received:
    6,199
    Location:
    Mass.
    I'll take all that worthless paper off your hands. I have a few ounces of bullion around here somewhere.
     

  2. Bob P

    Bob P NES Member

    Joined:
    Jul 23, 2008
    Messages:
    10,655
    Likes Received:
    2,103
    Location:
    Earth
    This happens more than you would think, ,oat famously in 1924 Germany.
     
  3. whatluck

    whatluck

    Joined:
    May 31, 2009
    Messages:
    7,069
    Likes Received:
    1,744
    Location:
    Braintree, MA
    Pre WWII german economics is fascinating.
     
  4. Zappa

    Zappa Road Warrior NES Member

    Joined:
    May 14, 2008
    Messages:
    41,146
    Likes Received:
    10,601
    Location:
    Living Free In The 603
  5. Spanz

    Spanz NES Member

    Joined:
    Feb 25, 2009
    Messages:
    24,251
    Likes Received:
    8,643
    if your country is going down the shit hole....might as well have some FUN with your currency

    [​IMG]
     
    xjma99 and Palladin like this.
  6. mothybee

    mothybee NES Member

    Joined:
    Nov 13, 2015
    Messages:
    974
    Likes Received:
    614
    Location:
    merrimac, ma
    That country's full of zeros.
     
    xjma99 likes this.
  7. Zappa

    Zappa Road Warrior NES Member

    Joined:
    May 14, 2008
    Messages:
    41,146
    Likes Received:
    10,601
    Location:
    Living Free In The 603
    Just when you thought it couldn't much worse in Venezuela, with inflation running at 1,000,000%, no food, no toilet paper, and thousands a day fleeing the country to Colombia and Ecuador. now this:

    Venezuela crisis: Maduro to curb fuel subsidies

    The bright side is, nobody in Venezuela can actually afford to buy a car anymore, so they don't need to buy gas.
    Also, they don't have jobs to drive to, and since the store shelves are empty, they don't need to go shopping either.
     
  8. Boris

    Boris Son of Kalashnikov NES Member

    Joined:
    Jan 14, 2011
    Messages:
    17,631
    Likes Received:
    9,501
    Location:
    Back from Motherland
    you are wrong about "everyone" ... loyal servants of any regime are rewarded for their service and pensions
     
    amm5061 likes this.
  9. Sparky123

    Sparky123 NES Member

    Joined:
    Mar 7, 2014
    Messages:
    1,191
    Likes Received:
    572
    Location:
    Not from around here.
    With the help of Amazon my wife has been taking zeros off of our accounts for years. :(
     
    Horrible, dingbat and arcticzr600 like this.
  10. enbloc

    enbloc NES Life Member NES Member

    Joined:
    Sep 10, 2009
    Messages:
    14,965
    Likes Received:
    12,166
    Venezuela "Fixes" currency by removing Zero's

    Zero's don't Matter... and Matter can neither be created or destroyed...

    All the Venezuelans have to do is add the missing Zero's onto anything the want to sell and all will be made right.

    $10 bill now a $1? No problem. It now costs $100 to buy a pizza...
     
  11. oldgunner

    oldgunner

    Joined:
    Jun 1, 2018
    Messages:
    805
    Likes Received:
    979
    The socialists (a nice word for communists) won't stop no matter how much they fail. They won't compromise and will never be satisfied. History has taught us they will fight until their dying breath so just rermember what it will take to defeat them otherwise we will fall to them
     
  12. Zappa

    Zappa Road Warrior NES Member

    Joined:
    May 14, 2008
    Messages:
    41,146
    Likes Received:
    10,601
    Location:
    Living Free In The 603
    Venezuela pulls 'Who Wants to Be a Millionaire?', top prize meaningless

    [rofl]
     
    Horrible, Prepper and amm5061 like this.
  13. headednorth

    headednorth NES Member

    Joined:
    Apr 9, 2012
    Messages:
    8,843
    Likes Received:
    4,219

Share This Page