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Thread: Venezuela Bonds Plunge as Military Takes Over Electronics Store

  1. #1

    Default Venezuela Bonds Plunge as Military Takes Over Electronics Store

    Currency inflation, a bad idea!

    Venezuela Bonds Plunge as Military Takes Over Electronics Store
    http://www.bloomberg.com/news/2013-1...-controls.html

    Venezuelan bonds tumbled, sending yields to a 22-month high, after President Nicolas Maduro dispatched the military to take over a retail chain as part of his effort to quell inflation thatís soared above 50 percent.


    UPDATE 1-Venezuela's annual inflation hits 54.3 pct
    http://www.reuters.com/article/idUSL...31107?irpc=932
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  3. #2

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    I dont know how but I am afraid that my government will interpret this as a sign to move further into socialism and toward more inflation and tyranny.
    Today I decided to get banned and spam activism on this forum...

    SUPPORT RANDPAULDIGITAL GRASSROOTS PROJECTS TODAY!

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    Quote Originally Posted by orenbus View Post
    If I had to answer this question truthfully I'd probably piss a lot of people off lol, Barrex would be a better person to ask he doesn't seem to care lol.


  4. #3

    Default

    But of course! How else can Oceana wage war with both Eurasia and Eastasia--er, I mean how else can the U.S. bomb the snot out of the Middle East and South America at the same time?
    Quote Originally Posted by Zippyjuan View Post
    Inflation goes to sellers, not to the Fed. If inflation is two percent, the person you buy something from is charging you two percent more. He gets that money- not the Fed.
    The seller has to pay more 'dollars' to cover his expenses, and his expenses 'went up' because the dollar is worth less than it was yesterday, but it's the seller who raised the price--and the poor, beleaguered Fed and the banks that own it didn't get richer devaluing the 'dollar' by printing more of them?

  5. #4

    Default

    Socialists acting as though they've been lobotomized. Same as it ever was.
    "Like an army falling, one by one by one" - Linkin Park

  6. #5

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    coming soon to a country near us.
    "Sorry, fellows, the rebellion is off. We couldn't get a rebellion permit."






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