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Venuezla have 1 million inflation this year?

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#1 by sweetpie3000 » Tue Jul 24, 2018 22:11

Holy crap the inflation in Venuezla? Anyone in here live Venuezla?

Venuezla reach hyperinflation up to 1 million?


One coffee will cost 1 million bolivas. :lol: :lol:
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#2 by tasman1 » Tue Jul 24, 2018 22:15

before the war in former Yugoslavia at one point one egg did cost 5 million dinar and paper money went to billions , think the biggest one was 50 billion
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#3 by Luis-F » Wed Jul 25, 2018 09:34

In Germany, in the Weimar Republic, before Hitler take the power, hyperinflation has reached 1 TRILLION


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#4 by WaRDFrA » Wed Jul 25, 2018 12:02

sweetpie3000 wrote: Venuezla reach hyperinflation up to 1 million?


One coffee will cost 1 million bolivas. :lol: :lol:

Yes, hyperinflation reigns in Venezuela and by the end of the year I'm sure it will close even worse. However, although these shocking numbers impact and can cause laughter, the situation in Venezuela is critical due to this situation and many people, the same people who voted to have this dictatorial regime that is still governing, and that some still support, are dying of hunger due to lack of food, medicines, etc.

It's totally true that a small coffee costs a million bolivars and if you compare this to the current minimum wage (5 million/month), you realize that a person will only be able to buy 5 small coffees per month ---> Imagine to survive a entire month with this kind of salary.

This is the reason why Venezuelans are fleeing across borders seeking help from neighboring countries.

This is the result of keeping in power a government formed by drug traffickers, murderers, criminals, corrupt people supported by a small part of the Venezuelan army and a minority of the people, while most of the population just accept the situation of arms crossed and shows indifference in this regard doing nothing about it.

It really is a very sad situation that is being lived in Venezuela and I hope that none of your countries will ever fall under the control of a regime as disastrous as the government of Maduro and his band of criminals or the previous government lead by Hugo Chavez Frías advised from day one for Fidel and Raúl Castro.

P.S.: By the way, current bills, which are worthless due to constant devaluation, only work for one thing, wipe your ass after going to the bathroom or if you prefer you can do origami.

Regards.
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#5 by sweetpie3000 » Fri Jul 27, 2018 10:13

If you won 1 million dollars in lottery. You will be go broke during hyperinflation!!

If you decide take annual payment your lottery jackpot? When hyperinflation hit your money became worthless
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#6 by sweetpie3000 » Fri Jul 27, 2018 10:16

WaRDFrA wrote:
sweetpie3000 wrote: Venuezla reach hyperinflation up to 1 million?


One coffee will cost 1 million bolivas. :lol: :lol:

Yes, hyperinflation reigns in Venezuela and by the end of the year I'm sure it will close even worse. However, although these shocking numbers impact and can cause laughter, the situation in Venezuela is critical due to this situation and many people, the same people who voted to have this dictatorial regime that is still governing, and that some still support, are dying of hunger due to lack of food, medicines, etc.

It's totally true that a small coffee costs a million bolivars and if you compare this to the current minimum wage (5 million/month), you realize that a person will only be able to buy 5 small coffees per month ---> Imagine to survive a entire month with this kind of salary.

This is the reason why Venezuelans are fleeing across borders seeking help from neighboring countries.

This is the result of keeping in power a government formed by drug traffickers, murderers, criminals, corrupt people supported by a small part of the Venezuelan army and a minority of the people, while most of the population just accept the situation of arms crossed and shows indifference in this regard doing nothing about it.

It really is a very sad situation that is being lived in Venezuela and I hope that none of your countries will ever fall under the control of a regime as disastrous as the government of Maduro and his band of criminals or the previous government lead by Hugo Chavez Frías advised from day one for Fidel and Raúl Castro.

P.S.: By the way, current bills, which are worthless due to constant devaluation, only work for one thing, wipe your ass after going to the bathroom or if you prefer you can do origami.

Regards.

By the way how you survive in Venuezla? You are better off working stay at home doing clixsense, bitcoin and other gpt sites?

I heard you get paid 3 bucks a month as regular job?

Even ptc site pay you more than your minimum wage job :lol: :lol: :lol: :lol:
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#7 by tasman1 » Fri Jul 27, 2018 20:21

Let us hope Jim will not start paying us in bolivars :D :lol:
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#8 by Luis-F » Fri Jul 27, 2018 21:38

Many Venezuelans are seeking refuge here in Brazil. Brazil isn't in a good situation, we have a great crisis here, but far better than in Venezuela.

The minimum wage in Brazil is like $ 300 dollars/month, in Venezuela, it's like $ 6/month. This explains why Figure 8 has many Venezuelans, I think. In another forum of another website, the Spanish sub-forum is basically bustling by Venezuelans, a lot of active users helping each other.
Last edited by Luis-F » Fri Jul 27, 2018 21:40 » edited 1 time in total
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#9 by tasman1 » Sat Jul 28, 2018 00:11

sourpye3000...............................Venuezla have 1 million inflation this year?

google translate to Croatian .......Venezuela have 1 million% inflation rate this year?
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#10 by Arvind9 » Sat Jul 28, 2018 12:57

No wonder Venezuela is prepared to sell crude oil for 30% less that international market price to India,but what will they get or want in return fail to understand.
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#11 by OmarAlcazar » Thu Aug 02, 2018 12:48

Actually, as of today Aug 2nd the cost for one coffee is VEF 1.400.000,00, so yes... hyperinflation.
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#12 by jjohnson777 » Thu Aug 02, 2018 16:04

Zimbabwe

I bought 1000 100 Trillion dollar bill for less than $1 each they now sell for $50-60 each.

I am a multi trillionaire :lol:

Which why bought the things. I knew they be worth money down road as got scarce.
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