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The Socialist Revolution Expects
Venezuela’s Elderly to Live Off
$0.63 a Month

Original Article

Posted By: OhioNick, 3/11/2021 11:50:05 PM

Time and time again the “Bolivarian, Socialist, Anti-Imperialist, and Profoundly Chavista” Revolution has stylized itself as a champion of the elderly. In reality, being an elderly Venezuelan in times of socialist revolution means living a miserable retirement, on a pension so low that it’s all but a death sentence. 1,200,000 Venezuelan bolivars – that’s the amount of money a Venezuelan retiree receives from the government around the 20th of each month. [SNIP] What can you buy with 1.2 million bolivars as of March 2021? Absolutely nothing. A dozen eggs hover around 2.7 million ($1.48). Milk varies by presentation, ranging from 2.5 million ($1.35) to upwards of 12 million ($6.85).

Comments:

Yes, that's sixty-three cents a month!

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Reply 1 - Posted by: Dodge Boy 3/11/2021 11:54:36 PM (No. 721350)
And just you wait until the dollar competes with the bolivar as the most worthless currency. Just around the corner. And biden the cheater, Obie, the deep state, the msm, and the globalists can hardly wait.
13 people like this.

Reply 2 - Posted by: OhioNick 3/11/2021 11:59:48 PM (No. 721353)
Once the dollar starts to free-fall -- and it will -- it would be appropriate for this country to cancel all debt owed to China. But I can't see Biden doing that.
4 people like this.

Reply 3 - Posted by: bobn.t 3/12/2021 12:08:59 AM (No. 721359)
Coming to America. Thank you demlibnuts Sure miss Pres trump. 2024 MAGA TRUMP
12 people like this.

Reply 4 - Posted by: Trigger2 3/12/2021 12:29:23 AM (No. 721363)
No worries for the USA. The demonrats will lavish so much money on the so-called poor that they'll end up being the elite rich.
4 people like this.

Reply 5 - Posted by: RuckusTom 3/12/2021 1:01:41 AM (No. 721390)
We've pumped about $4T or $5T into the economy over the last year (for Covid, of course). The main way to take excess dollars out of the economy to avoid inflation is to raise interest rates. Our national debt is pretty close to $30T (that's around $90k owed by every man, woman and child in America). There's a big difference between 0% interest on $30T and 20% or 30%. If interest rates have to be increased we may wake up one day to find we've lost a decimal place in our money in the bank (or under the mattress). E.g. $100 now equals $10 or, $10 fast food meals now cost $100. We'll definitely be saying bye bye to or see huge reductions in some things like the military, Social Security, Medicare and / or Medicaid. But hey, print some more up and get it into the economy. It's just paper with numbers on it.
5 people like this.

Reply 6 - Posted by: EJKrausJr 3/12/2021 8:05:53 AM (No. 721545)
Coming 2 America soon. Courtesy of Papa Joe's administration. What a great way to get rid of the American senior population, and pave the way for the new replacement Americans crossing our Southern Border. Don't laugh. The Venezuelans laughed at Chavez and Maduro, and look at their situation.
6 people like this.

Reply 7 - Posted by: Highlander 3/12/2021 8:48:22 AM (No. 721604)
Obviously, Maduro and his evil cronies are not using the Bolivars as their basis of wealth. They’re probably getting real nervous about our dollars, though. I read that the Brits are not letting Maduro get his hands on the Venezuelan gold ( 2 bil) in the London bank. So, it going to be very interesting to see what happens soon down there.
4 people like this.

Reply 8 - Posted by: Lawsy0 3/12/2021 8:49:25 AM (No. 721605)
If 63 pesos equals $3.03 USD, you can bet it will catch on with Xiden and Company.
2 people like this.

Reply 9 - Posted by: wakeupcall 3/12/2021 9:21:52 AM (No. 721643)
Coming soon to America and the world under Marxist Communist Global One World Government. Thank you American traitors.
6 people like this.

Reply 10 - Posted by: wakeupcall 3/12/2021 9:30:11 AM (No. 721653)
# 4 Little to none of the dollars lavished out by the Marxist Communist democrats, republicrats, will go to the poor. Check out how most all of federal government dollars are lavished out to the wealthy of the world, not just America. $2,000 to Americans. $ Billions to the wealthy of the world.
4 people like this.

Reply 11 - Posted by: Venturer 3/12/2021 11:26:25 AM (No. 721784)
Been to the store lately? Everything is going up. Hardware stores are probably the worst, Lumber is going through the roof, but everything is going up and up.
3 people like this.

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