Who needs minimum wage laws? Socialism will turn the poor into millionaires—with hyperinflation!

It’s the great irony of the country’s cruel decline. Sitting atop the world’s largest reserves of crude, Venezuela — once Latin America’s richest country — is now a state of millionaires, but the millions are in bolivars and practically worthless.

— Read on news.abs-cbn.com/business/06/19/18/venezuelas-millionaires-the-new-poor

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s