WOW what a Friday on the news front!

What??

What??

If you don't know I can not help.

Venezuela Launches First Nuke In Currency Wars, Devalues Currency By 46%
Submitted by Tyler Durden on 02/08/2013 - 15:26
While the rest of the developed world is scrambling here and there, politely prodding its central bankers to destroy their relative currencies, all the while naming said devaluation assorted names, "quantitative easing" being the most popular, here comes Venezuela and shows the banana republics of the developed world what lobbing a nuclear bomb into a currency war knife fight looks like:

VENEZUELA DEVALUES FROM 4.30 TO 6.30 BOLIVARS
VENEZUELA NEW CURRENCY BODY TO MANAGE DOLLAR INFLOWS
CARACAS CONSUMER PRICES ROSE 3.3% IN JAN.

And that, ladies and gents of Caracas, is how you just lost 46% of your purchasing power, unless of course your fiat was in gold and silver, which just jumped by about 46%. And, in case there is confusion, this is in process, and coming soon to every "developed world" banana republic near you.

So the price on everything will keep rising? AGAIN

So the price on everything will keep rising? AGAIN


Yes, and everyone, "..." lost almost 50% of there wealth, and for the rest we should see the same.

You in Dem, will be ok.

Yea food and shelter is most important

You mean there not here right.