1300000 % inflation

[Nacho-RT74]

yes! we made it! New Guinnes record!

[Kern Dog]

?

[Nacho-RT74]

Venezuela

[b5blue]

How can you cope with this? By the time you get paid for work it's so much less! 

[Kern Dog]

Did I read that right? 13 million percent inflation ??

[Mike DC]

   
Sorry, Nacho.  It must be really tough down there these days.  I've read that crime has gotten pretty far out of control too. 
 

[Nacho-RT74]

Did I read that right? 13 million percent inflation ??

1.3 million... sorry, I put one zero more accidentally but FMI previsions for next year are 10 million %

[Nacho-RT74]

How can you cope with this? By the time you get paid for work it's so much less! 

I don't have a job at this moment officially. Just sucking the bank account

[Nacho-RT74]

   
Sorry, Nacho.  It must be really tough down there these days.  I've read that crime has gotten pretty far out of control too. 
 

thats a problem since ever

[Charger_Dart]

For that much inflation prices would change everyday? How the heck can you adjust to that?

[draftingmonkey]

^ Every day...How about hourly!!  Germany in the 30's had such high inflation that folks were getting paid two or more times a day as inflation drove up prices and devalued money almost hourly. Wives would go pick up the pay (as often as it was paid) and get to the market to buy needed items before prices went up. All I can say is hang in there Nacho.

[AKcharger]

Well things there WILL get better down there, unfortunately I fear it's going to take very ugly events that make it occur

[Nacho-RT74]

a piece of bread one week ago... 60 Bs.S.

4 days ago... 160 Bs.S.

today 250 Bs.S.

[hemi68charger]

yes! we made it! New Guinnes record!

Man, I hope you guys can survive this... Hopefully you won't have what we did in 1929 with the Great Depression.. Or, maybe you are?

Cheers,

[NHCharger]

I have been reading about all this. People dumpster diving for food, cooking their own pets, crime rate steadily rising. Hope things turn around for everyone there.

[Kern Dog]

Is it fair to say that this is directly related to Socialism and the corrupt government ?

[Nacho-RT74]

Is it fair to say that this is directly related to Socialism and the corrupt government ?

more the second than the first ( which is the excuse for the second )

[Charger_Fan]

Man, that is absolutely terrible. I can't even imagine that much inflation!
I hope this will end for you sooner than later, that is just crazy.

[Ponch ®]

That sucks man. Hope things start getting turned around soon.

Still, that's what happens when a wannabe despot and demagogue who surrounds himself with sycophants, has a rabid cult-like group of followers who think he can do no wrong despite obvious evidence to the contrary, and who is completely clueless as to the rule of law and longstanding principles of democracy, comes to power.

Oh. SHIT. 

[Old Moparz]

That sucks man. Hope things start getting turned around soon.

Still, that's what happens when a wannabe despot and demagogue who surrounds himself with sycophants, has a rabid cult-like group of followers who think he can do no wrong despite obvious evidence to the contrary, and who is completely clueless as to the rule of law and longstanding principles of democracy, comes to power.

Oh. SHIT. 

[Paul G]

Venezuela was at one time an oil rich country that was doing very well, until they switched form a free market model to a socialist model of government. I wish the kids in this country were being tought history.  

[Ponch ®]

Venezuela was at one time an oil rich country that was doing very well, until they switched form a free market model to a socialist model of government. I wish the kids in this country were being tought history.  

...not to mention grammar and spelling.

[Nacho-RT74]

Venezuela was at one time an oil rich country that was doing very well, until they switched form a free market model to a socialist model of government. I wish the kids in this country were being tought history. 

actually things beging to be bad way before this situation... this "socialism" is a consecuence of previous mistakes.

[hemi68charger]

Is it fair to say that this is directly related to Socialism and the corrupt government ?

more the second than the first ( which is the excuse for the second )

Hope things smooth out soon Nacho.... I really hope so.........

T

[Nacho-RT74]

a piece of bread one week ago... 60 Bs.S.

4 days ago... 160 Bs.S.

today 250 Bs.S.

today 900 Bs.S.