Tag Archives: Venezuela

This genius gloated about Venezuela’s successes; this didn’t age well

A policy of keeping warm by setting your furniture on fire also has a certain effectiveness for a little while. Yep, it is the Communists’ way! — jtl, 419 Received from Tom Woods via THE WESTERNER You foolish libertarians: Venezuela … Continue reading

Posted in Capitalism vs. Communism, Uncategorized | Tagged , , | 1 Comment

Currency Devaluation

— Franklin Sanders, The Moneychanger Here I am fidgeting & fussing over 1% or 1.7% moves in silver & gold, and then I get slapped in the face by a currency devaluation in Venezuela. Last Friday, without much warning, Venezuela … Continue reading

Posted in Austrian Economic Theory, Gold and Silver, Money and Banking, Social & Economic Collapse | Tagged , , , , , , , | 4 Comments