Inflation is Theft

in #busy6 years ago

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It costs 14.6 Million Bolivars to buy a kilo of Chicken in Venezuela

Inflation in Venezuela this year is 1,000,000%

It means that if you had One million Bolivars, it's now worthless.

There is only one end to the current government-backed inflationary and sketchy financial system.

... death!

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I have always told people that fiat currencies are as valuable as tissue paper. I was wrong. Tissue paper is Venezuela is actually 2.6 Million times more valuable than the Bolivar.

Image Credit: Reuters

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Así mismo es. No tiene otra explicación. Saludos