Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By RedState (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

This One Picture Details Just How Much Socialism Has Made Venezuela’s Currency a Joke

% of readers think this story is Fact. Add your two cents.


Socialism just doesn’t work. At this point there’s no arguing this, but it has ardent defenders on par in both veracity and logic with flat-Earthers.

A perfect example, besides every example thus seen so far, is the South American country of Venezuela. There, you have to wait in line for hours just to get a loaf of bread, and they might be out of bread by the time you get there. People are losing weight so drastically — an average of 24 lbs — that it’s become a humanitarian crisis. The lack of everyday goods that you and I take for granted is so bad that the military awards good service with toilet paper.

So destructive is Venezuela’s socialism that its economy is worth about as much as the contents in your nearest dumpster. Take for instance the fact that Venezuela’s bolivar is worth less than digital currency used in the massive multiplayer online game World of Warcraft. Meaning that if you have a good amount of gold in your video game character’s pocket, you’re probably more wealthy than an average citizen of Venezuela, even if you don’t count the money in your own bank account.

But this worthlessness of the bolivar can be seen very well in a picture that has been making the rounds on Twitter, that shows just how many bolivars you would need in order to equal out to one U.S. dollar. By the looks of the picture, it looks like you would need a wheel barrow in order to cart all the bolivars around should you be insane enough to make the trade.

This is the effect that socialism, once fully embraced, has on the economy. If anything can tell you that the ideas Bernie Sanders and Alexandria Ocasio-Cortez are less than good, this is it.

Socialism: Not even once.

The post This One Picture Details Just How Much Socialism Has Made Venezuela’s Currency a Joke appeared first on RedState.


Source: https://www.redstate.com/brandon_morse/2018/07/25/one-picture-details-just-much-socialism-made-venezuelas-currency-joke/


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%! (See Video).

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.