Justin Mohr Show

Venezuela is predicted to see 13,000% inflation this year, 2018. Not to worry, President Maduro of Venezuela has a genius new policy that will chop off the last 3 zeroes of the currency. Understanding

04.09.2018 - By Justin Mohr-Austrian economics, libertarian podcastPlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

The economic collapse in Venezuela has worsened and is now in the midst of hyperinflation. The average Venezuelan has lost 25 lbs. not by choice, but rather because people are starving to death! Folks, this is what 20 years of socialism gets you!  It gets misery and equality of misery!  The government doesn’t create prosperity, but rather gets in the way of it and makes it harder for you to achieve. When will people wake up and learn from history!? I won’t be holding my breath.

More episodes from Justin Mohr Show