yota691 Posted March 6, 2021 Report Share Posted March 6, 2021 Venezuela is introducing a six-zeros banknote, valued at less than a dollar 11:00 - 06/03/2021 The information / Baghdad .. The Venezuelan Central Bank announced that three new banknotes will be traded in the country as of March 8, in denominations of 200,000, 500,000 and one million bolivars. Venezuela is experiencing a severe social and economic crisis in recent years, in addition to high inflation, the devaluation of the national currency, and a shortage of basic commodities. Currently, the US dollar has reached 1.89 million bolivars. According to the United Nations, about 4.5 million people have left the country due to the deteriorating economic and social conditions, nearly 80% of them to neighboring countries. And the inflation rate in Venezuela rose at the end of last year to about 3000%. End / 25 2 Quote Link to comment Share on other sites More sharing options...
md11fr8dawg Posted March 6, 2021 Report Share Posted March 6, 2021 Ah, the GREAT effects of socialism and the results of their fair elections using (wait for it) the Dominion voting machines, Doesn't get any better than that. Can't wait until we get our country set up on the same blueprint as Venezuela, you know BROKE and everyone EQUAL. Ah, PARADISE!!! 1 3 Quote Link to comment Share on other sites More sharing options...
MyLadiesDaddy Posted March 6, 2021 Report Share Posted March 6, 2021 3 hours ago, md11fr8dawg said: Ah, the GREAT effects of socialism and the results of their fair elections using (wait for it) the Dominion voting machines, Doesn't get any better than that. Can't wait until we get our country set up on the same blueprint as Venezuela, you know BROKE and everyone EQUAL. Ah, PARADISE!!! SILVER!!!!!!!! The real money This situation will begin in America this year, you can bet on it. 1 Quote Link to comment Share on other sites More sharing options...
PeaceSign Posted March 12, 2021 Report Share Posted March 12, 2021 I got to talk to an actual venezuelan a few months ago. We found each other in the comment section of a food shortage youtube video. I begged him let me ask him questions and he did! Specifically I asked him what was the propaganda in the country telling them before hyperinflation? He said it was all "don't worry we will continue giving you check!" He said that he has to ride a bike. That most fuel stations are closed the ones that are open you have to have some kind of ration card and you stand in line half a day,if you get there really early it might take 4 hrs! He says if you drove a diesal vehicle it was faster and not much of a shortage but still expensive. He said he knew there was a problem when he started noticing items that weren't being restocked constantly. Cleaners, toilet paper and coffee and if i remember correctly milk. He knew before most people, his family didn't believe him! He happened to have a savings account and started buying supplies and ultimately he would end up buying bitcoin as a hedge, then when it did happen people didn't understand it, he said most of his family moved south out of venezuela. I asked him about holding Gold, and he said that the bitcoin was doing better for him but that he might convert some to gold at some point. I wish i could remember where that video is cuz i would ask him more questions. I know hospitals are over 80 percent closed. If you get governement assistance you have to stand in line with you government card that proves you have been vaccinated!!!! Just saying. Get your food storage together. you got to get hard chests to put them in cuz rats will get them (ask me how i know) also bulk dry powders (i love muschroom powders cuz they are the most nutrient dense food known) i aslo have beet powders and protein powders and bulk herbs (cheaper if you buy them in bulk, waaaay cheaper) 1 Quote Link to comment Share on other sites More sharing options...
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