"But, when a long train of abuses and usurpations, pursuing invariably the same object, evinces a design to reduce them under absolute despotism, it is their right, it is their duty, to throw off such government, and to provide new guards for their future security." ~ Declaration of Independence
Venezuela’s “Collapse Unleashing Hyperinflation” As Worthless Cash Necessitates 200x Bigger Bills
"The troubled socialist nation of Venezuela can no longer hide its massive hyperinflation problems – even from itself. President Maduro was forced, by economic realities, to reissue bills in much higher denominations – 200 times bigger – a tell tale sign of a collapsing economy. Americans were familiar with the crazy exchange rate of pesos before Mexico revalued its currency more than a decade ago – otherwise it would take literal wheelbarrows of money just to pay for basic goods, and that is too impractical even for their system. But ironically, this revaluing makes the hyperinflation more obvious, and it becomes a self-fulfilling prophecy towards the bottom. Who can stop this crazy train?"
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