Venezuela propaganda minister doubles down on stupid. New monetary system brings new prosperity
"Deep measures": Rodriguez says that "the bachaqueo and the theft of the coin is over"
The Cooperator | July 26, 2018
Caracas.- The Minister of Communication and Information, Jorge Rodríguez, said Thursday that the announcements made by President Nicolás Maduro " seek to correct the weaknesses that the economic war used to attack the people of Venezuela ."
He also said in statements to the media that "there are a series of profound measures " to improve the country's economy and added that "it is a general program that puts its accent on protection in the great majority of the country."
He argued that with this "the smuggling of extraction is over, the bachaquerismo is over, the manipulation and the theft of our currency is over . This is what the people of Venezuela will see from the beginning of this revolutionary program on August 20. "
President Nicolás Maduro said Wednesday that the new monetary system of the Sovereign Bolivar will have a reduction of five zeros with anchor to Petro.
"The monetary economic reconversion based on the program of economic prosperity, will start on August 20 in a definitive way with the circulation of the new monetary cone that will have a new modality of anchoring to the Petro, and with the reduction of 5 zeros* with a base of exchange and exchange anchored to Petro," he explained.
https://elcooperante.com/medidas-profundas-rodriguez-dice-que-se-acabo-el-bachaqueo-y-el-robo-de-la-moneda/
Why not wait until Thanksgiving, and take off 10 zeros? With 1,000,000% inflation (IMF), the highest denomination Bolivar will be worth less than a dollar (again) by then.
*In May, the plan was to only lop of a mere 3 zeros from the currency.
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