Re:Venezuela’s Currency Has Had its Biggest Monthly Collapse
by Spooky23 on Thursday November 24, 2016 @05:17PM
(#13033121)
It doesn't cause it, it is an artifact of the imploding value of the currency and future outloook.
If I'm a guy with a cow and a gallon of milk is worth 1 boliviar today, but $0.80 tomorrow, I don't want your boliviar. I want a dollar, silver, 10 boliviars, or some bacon.
If I'm a guy with a cow and a gallon of milk is worth 1 boliviar today, but $0.80 tomorrow, I don't want your boliviar. I want a dollar, silver, 10 boliviars, or some bacon.