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<blockquote data-quote="Box Ox" data-source="post: 4635685" data-attributes="member: 48469"><p><a href="https://finance.yahoo.com/news/venezuela-planning-100-000-bolivar-163457594.html" target="_blank">Venezuela Planning New 100,000-Bolivar Bills Worth Just $0.23</a></p><p></p><p>“More than a decade of political mismanagement and failed economic policies means the national mint has to overcome a series of additional hurdles to introduce the new bill.”</p><p></p><p>“Venezuela’s economy is in its seventh straight year of recession and forecast to shrink another 20% this year due to the coronavirus lockdown and the collapse of oil revenue.”</p><p></p><p>“Venezuela has been suffering from hyperinflation since 2017, decimating the ability of most Venezuelans to purchase even the most essential goods -- much less save. The average family requires more than 100 times the official minimum wage to meet its basic needs.”</p></blockquote><p></p>
[QUOTE="Box Ox, post: 4635685, member: 48469"] [URL="https://finance.yahoo.com/news/venezuela-planning-100-000-bolivar-163457594.html"]Venezuela Planning New 100,000-Bolivar Bills Worth Just $0.23[/URL] “More than a decade of political mismanagement and failed economic policies means the national mint has to overcome a series of additional hurdles to introduce the new bill.” “Venezuela’s economy is in its seventh straight year of recession and forecast to shrink another 20% this year due to the coronavirus lockdown and the collapse of oil revenue.” “Venezuela has been suffering from hyperinflation since 2017, decimating the ability of most Venezuelans to purchase even the most essential goods -- much less save. The average family requires more than 100 times the official minimum wage to meet its basic needs.” [/QUOTE]
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