19-Aug-18 World View -- Socialist Venezuela introduces new fantasy currency and new Socialist changes

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John
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19-Aug-18 World View -- Socialist Venezuela introduces new fantasy currency and new Socialist changes

Postby John » Sat Aug 18, 2018 10:53 pm

19-Aug-18 World View -- Socialist Venezuela introduces new fantasy currency and new Socialist changes

Socialist Alexandria Ocasio-Cortez says that capitalism has not always existed

** 19-Aug-18 World View -- Socialist Venezuela introduces new fantasy currency and new Socialist changes
** http://www.generationaldynamics.com/pg/xct.gd.e180819.htm#e180819




Contents:
Socialist Venezuela introduces new fantasy currency and new Socialist changes
Socialist Alexandria Ocasio-Cortez says that capitalism has not always existed


Keys:
Generational Dynamics, Venezuela, Nicolás Maduro,
Bolivar Soberano, sovereign bolivar, petro,
Colombia, Ecuador, Peru, Zimbabe, Robert Mugabe, Weimar Republic,
Alexandria Ocasio-Cortez, Socialism, Nazism,
Kim Jong-un, Bernie Sanders, Jeremy Corbyn

Jullien1

Re: 19-Aug-18 World View -- Socialist Venezuela introduces new fantasy currency and new Socialist changes

Postby Jullien1 » Sun Aug 19, 2018 8:33 am

Dear John,

You wrote
The second part of the formula is that the minimum wage will be increased by 3000%. This means that many business owners will have to lay off employees, substantially increasing unemployment in the country.

That doesn't seem likely to me for the monthly inflation rate is already higher than that: people will just get more valueless money. Unemployment is raising because business have no more valuable money, not because people are too much paid.
In other news, Venezuelan refugees, sadly, seem to escape hyperinflation only to become victims of xenophobia:
https://www.reuters.com/article/us-vene ... SKBN1L30NV

Silent Guest 2

Re: 19-Aug-18 World View -- Socialist Venezuela introduces new fantasy currency and new Socialist changes

Postby Silent Guest 2 » Sun Aug 19, 2018 8:48 am

Oh John, you started my day with a big smile. Facts. Real facts from the real world. In olden days of factual education, our World History book illustrated the pre-WWII German economy with a wheelbarrow, paper "money" overflowing, headed to buy a loaf of bread. Venezuelans are using the wheelbarrow to flee. They realize the bread is just another empty promise.
While the NWO utopia is based in socialism, the migrating huddled masses fail to note that those making the rules are living large. Surely no one thinks Ms. O-C and Hogg are independently wealthy by means of socialism.
The world is full of populations fleeing mismanaging delusional despots. John reports the situations daily. No cliches are needed here. I would be thrilled to see common sense and sound economics reappear for Venezuelans and all others tempted to succumb to the free stuff.

Guest

Re: 19-Aug-18 World View -- Socialist Venezuela introduces new fantasy currency and new Socialist changes

Postby Guest » Mon Aug 20, 2018 3:25 pm

John wrote:Furthermore, Socialism is much worse than Nazism. Nazism killed tens of millions of people in the last century, but Socialism killed hundreds of millions. There is literally nothing worse than Socialism.


Nazi is short for Nationalsozialist, that is "National Socialist" party. The Nazis were Socialists.

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Tom Mazanec
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Re: 19-Aug-18 World View -- Socialist Venezuela introduces new fantasy currency and new Socialist changes

Postby Tom Mazanec » Tue Aug 21, 2018 9:45 am

and the IMF predicts that it will reach one million percent this near
year


Socialist Venezuela is becoming one of the top three economic hyperinflation disasters of the last century, along with Zimbabwe under Robert Mugabe, and 1920s Germany under the Weimar Republic.
You forgot the biggest of all, Hungary after WWII.
SHARKS (crossed out) MONGEESE (sic) WITH FRICKIN' LASER BEAMS ATTACHED TO THEIR HEADS

Borat1

Re: 19-Aug-18 World View -- Socialist Venezuela introduces new fantasy currency and new Socialist changes

Postby Borat1 » Fri Aug 24, 2018 4:04 am

Surely Zimbabwe was the biggest of them all? I still have my 100 trillion dollar note hehe :lol:

Guest

Re: 19-Aug-18 World View -- Socialist Venezuela introduces new fantasy currency and new Socialist changes

Postby Guest » Fri Aug 24, 2018 4:43 am

Borat1 wrote:Surely Zimbabwe was the biggest of them all? I still have my 100 trillion dollar note hehe :lol:


Zimbabwe reached 231 million percent inflation.


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