Replies to Msg. #978304
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 Msg. #  Subject Posted by    Board    Date   
12973 Re: Venezuelans Give Up on Counting Piles of Cash and Start Weighing Them
   And if you believe that...
DGpeddler   POPE IV   01 Nov 2016
1:06 AM
12971 Re: Venezuelans Give Up on Counting Piles of Cash and Start Weighing Them
   I heard on NPR that their largest denomination bill is worth about $0....
nacl01   POPE IV   31 Oct 2016
11:51 PM

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Venezuelans Give Up on Counting Piles of Cash and Start Weighing Them

By: ribit in POPE IV
Mon, 31 Oct 16 10:50 PM
Msg. 12966 of 47202
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Venezuelans Give Up on Counting Piles of Cash and Start Weighing Them

“When they start weighing cash, it’s a sign of runaway inflation,” said Jesus Casique, financial director of Capital Market Finance, a consulting firm. “But Venezuelans don’t know just how bad it is because the government refuses to publish figures.”

http://www.bloomberg.com/news/articles/2016-10-31/tired-of-counting-piles-of-cash-venezuelans-start-weighing-them

...they ain't gots no inflation and we don't gots no inflation neither.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!