Venezuelan bolivar - what can it buy you?

[Miri]

Imagine having to take a suitcase of cash with you, just to buy a loaf
of bread!

https://www.bbc.co.uk/news/world-latin-america-45246409


Brings home the following verses. It’s not the only country either to have
experienced difficulties, Greece has only just come out of bankruptcy.
The EU is struggling with the value of the euro generally. Much worse to come in
the future I should imagine.

Revelation 6:6 NKJV
[6] And I heard a voice in the midst of the four living creatures saying, "A quart
of wheat for a denarius, and three quarts of barley for a denarius; and
do not harm the oil and the wine."

Revelation 6:6 NLT
[6] And I heard a voice from among the four living beings say, "A loaf
of wheat bread or three loaves of barley will cost a day's pay. And don't
waste the olive oil and wine."

 

[Miri]

Inflation gone up bt 80,000%

It’s no wonder God said don’t store up treasures on earth but to store up
treasures in heaven. Wonder what we would do if that rainy day money was
suddenly worth nothing.


https://www.bbc.co.uk/news/world-latin-america-45245479

 

[Oncefallen]

This is what complete Socialism does for a country's economy. Prior to the Socialist takeover of Venezuela by Hugo Chavez, Venezuela was the wealthiest nation in South America.

 

[zeroturbulence]

I've been believing that we are living that scripture Revelations 6:6 since about 2008. That was when the housing crisis hit and banks were going under left and right (the big banks got bailed out). It was a financial crisis felt all over the world. Banks in europe were failing as well as in scandinavia. I do believe that was the beginning of end times..... but what do I know.

 

[utoo]

Indeed we are already in the End Time brother, since alot of the signs of the end time that Matthew 24 spoke about are in fulfillment at the moment.

 

[utoo]

We need to be on the watch and Pray without Ceasing for the Elect. Because unfortunately alot of believers are falling astray and this is not the will of God for us.

Do reach out to me if you had like to keep in touch as a friend, I will be pleased.

 

[tanakh]

I read that a Toilet Roll in Venezuela cost 1,6000,000 Bolivars and a Chicken 14,000,000. That is if you can find them.
What concerns me is that Jeremy Corbyne the leader of our opposition is said to have described Venezuela as a Socialist Paradise!!!
and there is a real chance that he may win the next general election. I feel I should be stocking up on Toilet rolls and Chickens straight away.

 

[dcontroversal]

This is what complete Socialism does for a country's economy. Prior to the Socialist takeover of Venezuela by Hugo Chavez, Venezuela was the wealthiest nation in South America.

And to think there are American politicians and Americans citizens who desire this form of government.........

 

[dcontroversal]

I read that a Toilet Roll in Venezuela cost 1,6000,000 Bolivars and a Chicken 14,000,000. That is if you can find them.
What concerns me is that Jeremy Corbyne the leader of our opposition is said to have described Venezuela as a Socialist Paradise!!!
and there is a real chance that he may win the next general election. I feel I should be stocking up on Toilet rolls and Chickens straight away.

HAHAHHA I have about 300 rolls stashed already

 

[dcontroversal]

Inflation gone up bt 80,000%

It’s no wonder God said don’t store up treasures on earth but to store up
treasures in heaven. Wonder what we would do if that rainy day money was
suddenly worth nothing.


https://www.bbc.co.uk/news/world-latin-america-45245479

Most will starve..........and make no mistake.....it is coming and most fail to see it is coming..........4 things kill tribulation saints <---famine being one of the four!

 

[GRASSESANDDRAGONFLIES]

This is what complete Socialism does for a country's economy. Prior to the Socialist takeover of Venezuela by Hugo Chavez, Venezuela was the wealthiest nation in South America.

Yes. I remember the 60 Minutes piece that extolled the virtues of Venezuela's economy.

As for America let us recall it is being said Bernie Sanders plans a 2020 run for president again.

 

[prove-all]

How did Venezuela go from being the richest country in Latin America
to an economic and humanitarian disaster zone?

Socialism

Leftists in America loved to praise Venezuela in the early 2000s. Here was
a natural paradise where a socialist visionary was enlarging the government,
taking over big businesses, nationalizing the oil industry, making the society
dependent on the government, and handing out benefits to poor people.

This was socialism in action!

What Americans Need to Learn From Venezuela
https://www.thetrumpet.com/17668-what-americans-need-to-learn-from-venezuela

 

[Angela53510]

I guess people here have forgotten Germany, back in the 1920s during the Weimar republic when inflation ran wild. I’ve seen pictures with people with actual wheelbarrows standing in bread lines.

In early 1922, 320 marks equaled one US dollar!
“By November 1923, the US dollar was worth 4,210,500,000,000 German marks.” (That’s 4 trillion marks!!)

“https://en.m.wikipedia.org/wiki/Hyperinflation_in_the_Weimar_Republic#cite_note-16

And for everyone who thinks this spells “the end,” the end didn’t come in Germany, but it did produce Hitler. Ponder that!

Jesus will return when the Father wills it, not because Venezuela manages its economy poorly.

PS Why are there so many people with absolutely NO knowledge of history? He who forgets the past, is condemned to repeat it!

 

[Angela53510]

I just ran into this article, which also compares Venezuela and Germany.

And of course you know about the call to boycott in and out burger in California. This is an excellent comparison, I hope you will all take the time to read it!

“Totalitarians Deploy Economic Threats
In August, Venezuelan despot Nicolás Maduro announced that “extraordinary subsidies for gasoline and motor oil will soon be available only to holders of the Carnet de la Patria—the Card of the Fatherland.”

Without the Fatherland Card, it is difficult to obtain even meager rations of food.

The Fatherland Card identifies supporters of the regime; everyone else will pay market prices. Without the subsidy, virtually no Venezuelans can purchase gasoline at current market prices.

Food has already been used as a political weapon in Venezuela. Without the Fatherland Card, it is difficult to obtain even meager rations of food. Michael Penfold, a business professor in Caracas, observed, “It is really a very powerful control system. They are going to scale this up as much as they can.”

Maduro is simply following the playbook of other totalitarian regimes. Immediately upon obtaining power in 1933, Hitler began to eliminate any opponents, not just Jews. In his book, The Third Reich: A History of Nazi Germany, Professor Thomas Childers covers the 1933 “Law for the Restoration of the Professional Civil Service” which “led to the immediate dismissal of all ‘non-Aryans’ from state-subsidized theaters, orchestras, museums, schools, and research institutions.” Childers continues,

Jews, at whom the law was aimed, were immediately purged, but even those artists and teachers not directly affected by the Civil Service Law felt the prevailing chill. Many cultural institutions did not wait for the regime to institute changes; they rushed to “coordinate” themselves, voluntarily expelling anyone the Nazis might consider politically undesirable. Newspaper chiefs and magazine editors, reporters, illustrators, musicians, actors, critics, even librarians were sacked.​

Hitler’s goal? Opposition in any segment of society was to be eliminated. Childers continues,

The regime’s goal, stated openly and acted upon with unflagging zeal, was nothing less than a complete transformation of German politics, culture, and society, coordinating not only governmental institutions but the media, the churches, schools, social clubs, youth organizations, athletic leagues, and cultural institutions of all sorts. The regime sought to mobilize all elements of society, creating National Socialist organizations for women, girls, boys, teachers, students, lawyers, physicians, craftsmen, workers, each with its own uniform, flag, party badges, and slogans (“Barbers, too, Face Great Tasks!”). No one in the “people’s community” was overlooked, and no one could stand outside.​

Childers adds, “Everyone was called on not simply to obey but to believe, to participate.”

https://fee.org/articles/the-in-n-o...o-don-t-obey-won-t-eat/?utm_source=zapier&utm

 

[BibleStudent100]

It boggles the mind to comprehend an inflation rate of one million percent! It is inconceivable to me about how people can conduct their daily affairs with prices going up by the hour! Yet, somehow, our spiritual brothers and sisters continue to manage somehow:

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