6 years ago
6
In Venezuela, inflation quadruples to 18,000 percent in two months, with no end in sight
Venezuela's inflation rate, already by far the world's highest, spiked from 4,966 percent to nearly 18,000 percent in just March and April — a trend that, if it continues, could push the country's annual rate to more than 100,000 percent by year's end, economists say. The 17,968 percent rate registered at the end of April already surpassed the 13,864 percent rate predicted by the International Monetary Fund for all of 2018.
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Zimbabwe nods approvingly.
https://youtu.be/ymQUIimLQck
21st-century socialism working exactly like every other century’s socialism.
Under socialism, man exploits man. Under capitalism, it's just the opposite — Summer Glau
No no. You see it is this specific ism that exploits people. Our ism is a superior ism. People are free to not be exploited and die from exposure and malnutrition and disease if they so choose under the liberty of our ism.
I wish people would focus on the net result instead of purity of ideology of their isms.
Administration should control it at the earliest