Venezuela’s New Economic Program: Will it Stop Hyperinflation?

39 thoughts on “Venezuela’s New Economic Program: Will it Stop Hyperinflation?”

1. So, the "opposition" doesnt talk about the humanitarian help the red cross distributed without the "help" of the USA?? How convenient

2. #buy#bitcoin

3. MADURO must STEP DOWN NOW you failed the VENEZUELAN PEOPLE

4. Same problem in America

5. It hasn't stopped hyperinflation. The value of the Bolivar is controlled by the DolarToday Web page which is run by Gustavo Diaz in Alabama, USA. Gustavo Diaz was involved in the 2002 coup against Hugo Chavez. He fled to the United States afterwards where he now works in a Home Depot Store. More than 90 percent of businesses are PRIVATELY owned in Venezuela. These businesses are owned by the 2% of right wing opposition supporters who are funded by the USA and ALL follow the DolarToday Web page. Every morning the people wake up to check out the value of the Bolivar against the US Dollar and the Euro according to Gustavo Diaz. The owners of the companies in Venezuela all hike their prices according to the DolarToday Web page. It really is as simple as that.

6. He's a bus driver! he knows as much about politics as Trump! stupido!!!!!

7. New money doesn't solve old money problems.

8. the Regime Stole, always had !
   one of Chavez's daughters personal "fortune" is over 2billions US$
   The Regime's had paid Billions to Cuba The creation of PetroCaribe was to have the "Caribbean Islands" support at the useless "bureaucratic Organizations" OAS / UN etc There is a Genocide going on in My beloved homeland, but the "bureaucratic Organizations" solutions is to have "Refugees' Camps"….hahaha Of Course these Camps are Great Busines$$$$ for the supplier$$$ and the other partie$$$ involved

9. short answer – no, it will not

10. Lmaoooo socialism still works?

11. Short answer" No fucking chance!

12. King Canute could not order the tide to go back. The dictator Maduro can't suspend the law of supply and demand. Regardless of whatever currency he establishes, if he continues to print and bastardize the currency hyperinflation will continue its destruction of the economy.

13. Absolutely no help from any communist country for them or any Latin communist.

14. Who cares people as individual need to learn to take care of themselves not rely on the government

15. You Kenisians drive me bonkers! YES, we had inflation over the last 10 yrs. Have you been to the grocery store since 2008? Raising the minimum will just devalue even further. Idiot!!

16. Blame communism? Open free markets? Gee, not hard.

17. I am pleased I do not live there.
    I love my freedom.
    I know they loved Chavez, but he had no economic sense.
    He destroyed the means of production.
    Freedom means fiscal self restraint.
    That is totally missing in Nick Maduro.
    But they still love their socialism.
    Borrow from Russia and China.
    They are good for it.

18. I think making a basket of oil, gold, and silver…things that are hard to manipulate.
    The USA is crushing the crap out of Turkish Lira because they are not behaving…. The US isn't able to control the price of gold, silver and oil. I think this is a better way to go until things stablize

19. just like a disease will never stop if only the symptoms are address, those programs will just give them a very short relieve…that country is just being destroyed by their leaders incompetency!

20. How can Anglophones believe this narco bus driver clown?

21. I think we can all agree that if something bad is happening in a socialist nation it's some other countries fault.

22. This is hilarious! They have massive oil reserves yet the people are impoverished! Venezuela's history has been a mess since its conception. Total corruption at its highest level. Americans would rise up and destroy this government! Thats what you get when the citizens have no weapons to overthrow a corrupt government… thank God for our Constitution and the 2nd Amendment!

23. Buy Bitcoin.

24. Hyperinflation will never go away until output is increased. You have to much money chasing to few good. Oil out halved since 2014.

25. what could go wrong? oil hits 200/brl

26. He set the new prices, wages and pensions, so no worry.
    Next month he will set new value for gravitational constant and new speed of light.

27. Petro is nothing more than kicking the can down the road farther.
    Oil is about to be replaced by hemp and then what?
    When there is blood on the streets that is the best time to buy land.
    Get caught up in all the bs and you will be washed away with the flood (collapse).

28. Stop exporting oil. Export its products from own factories

29. It seems the Venezuelan government don't know economics, trade, money.

30. The answer to your title is an absolut and juggernaut NO….

31. Nicolas Maduro just need to increase the supply of food productions so people can eat first.

32. But whom is laughing?

33. arent the Americans noble,decent,fair and caring,Iraq,evil dictator,we must regime change,Libya,Ditto! Iran soon,Syria soon,Venezuela very soon,whats the link? I wonder

34. IT is not that complicated. The government nationalized the majority of industries. No one is going to create business if they know that the government will come in take it over. Not rocket science. Value of the currency is based on production, what you can actually buy in that country with that currency. Gimmicks wont work.

35. Both parties need to get to the point. Too complicated the way it is presented.

36. Let bus driver be A president 🙄🙄🙄😂😂😂😂

37. Unfortunately the Petro as no investment in the Market it's worthless. hyperinflation will probably reach 1,000,000% with GDP collapse at 35%

38. If only half the money that was stolen by hugo Chavez, Maduro, cabello, assami, and the rest of the thieves stole, Venezuela would not have these problems. Chavez was a Marxist and a thief. peace

39. How do I short the fuck out of the petro?

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