These pictures show just how much cash Venezuelans needed to buy even basic goods

[Prince.Skeletor]

Chavez died in 2013 with high inflation yes but comparable to Argentina’s right now .. Venezuela inflation today is on another level

Yes and the article I posted was during is reign.
And yes inflation is worse now but there are reasons for that.
Firstly Chavez was borrowing money from China and spent all of it on the people leaving nothing for the next leader.
And now Maduro is left with it all, plus he has decided to ban any Venezuelan loans from the IMF and top it off there is sanctions that countries including Canada and America have put on the country.
It's oil production has decreased as well.

Again I am not defending Maduro but it seems most people here with an opinion have no understanding of the history of this country, which is fine but then be self-aware of that and don't be so opinionated.

with that said though, of course it is important to note that Chavez was a much better leader than Maduro and had skills to run the country much better.
But even with that still both were corrupt, but before you judge them because they are corrupt don't forget America is also corrupt.

If anyone wants to understand the situation a little more this is an excellent read:
A U.S. Policy of Non-intervention in Venezuela Would Be a Welcome Change
Mark Weisbrot is co-director of the Center for Economic and Policy Research in Washington.
A U.S. Policy of Non-intervention in Venezuela Would Be a Welcome Change - NYTimes.com

As Mark Weisbrot, director of the Center for Economic and Policy Research in Washington, noted, ignoring the US intervention in Venezuela is like reporting on Ukraine without mentioning Russia.

 

[dora_da_destroyer]

reminds me of zimbabwe a decade back, which reminds me i need to read up on the past 4-5 years or so over there

 

[Strapped]

i thought that the narrative was that everything in south america is america's fault. so which is it

You know damn well him & nap is delusional and full of shieet

 

[the cac mamba]

You know damn well him & nap is delusional and full of shieet

if there's a hell, then everyone who ever sat in the white house deserves to go there. and that includes obama he's got as much blood on his hands as anyone else

 

[Geek Nasty]

They have oil. They got on the West’s bad side when they tried to up their cut of their own oil. That’s when Bush tried the coup to depose Chavez, but gotboutsmarted.

How an oil rich country got like this is suspicious. I wonder if the reserve oil price fukked them.

 

[levitate]

Thick ass carrots...

 

[newworldafro]

Fuucked up.

This what hyper inflation looks like.....the end of the petrodollar, according to alt/indy media pundits, is suppose to look like this here in the U.S.......

The prepper community has been trying to put jokers on to game..........

Prepper anthem

 

[TTT]

They will eventually abandon the currency and use the USD or some other currency. The looped off zeros will take about a few weeks to be reinflated. In Zimbabwe by 2006 the state wasn't in control of fiscal policy, the central bank was just printing out wads of currency and exchanging them for US dollars on the black market. When i graduated i owed the Government like a million Zimbabwe dollars but 6 months after graduating the same amount was like the cost of a kilo of beef. I also worked retail for a bit before i left and we would arbitrarily raise prices 2 to 3 times just to keep pace with inflation