Thursday, November 02, 2017

Inflation

In this 2009 post on inflation I wrote, "...any time you're dealing with that many zeroes on a note, there are economic problems".  Today, Instapundit echoes those sentiments:
LATE-STAGE SOCIALISM: New 100,000-Bolivar Note Worth $2.42 (Now) Coming to Venezuela.

The one thing centrally planned economies never run short of is zeros.
Yep.

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