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RE: hyperinflation attacks the pockets of Venezuelans
How can there be SO MUCH printed money in circulation all over the country all of the time, with the inflation rate going as fast as that , how much money do they need to print and distribute to keep up with the demand?
And where does Simon Bolivar fit in this picture?
I'm sure the anti socialism elite will enjoy to see the Bolivar plummet and see this as a kind of win. It's just horrible.
I try to imagine but for some reason my mind just can not process the extremes.
It is really very complex. In fact, it was not printing new banknotes because of problems that the government maintains with the manufacturing company that is in Canada due to lack of liquidity. The printing has been pralized, now let's see what happens when the new monetary cone begins to circulate. see what changes they produce, in the Simon Bolivar image that was the ticket with the highest denomination before the inflation went off, now there is an equal but a little clearer one. It is difficult to imagine, but it is more complicated to live it. Thanks for your comment