Oh this is very awesome news from the first word to the last! Congratulations at every turn!
Very curious how the sewage was stopped and why it was left to run for so long.
I hear ya'll have managed to pass another astounding marker of 1 million percent inflation. It's this even possibly correct?
Hi, @marillaanne. Thanks you very much. Always good to have you here.
Yes, that is correct, terrifyingly so.
since 2008 when Chavez did the first "reconvertion", 3 zeros were taken from our currency (so, the 100 VEB bill, the highest then turned into 0,10 cents of Bolivar Fuerte, VEF). Inflation escalated and by 2011 we had 50,000 and 100,000 VEF bills. 3 more zeros were removed. That was already a technical devaluation of 1,000,000%
We started having the new currency called bolivar soberano. 5 zeros were taken form the old currency. the 100,000 VEF bill became the 1 VES bill.
At the moment we have 500VES bills.
Today i put on some sport shoes we had bought last year (we kept them in"storage" for the right time). those shoes cost us 380,000.VEF, that would be 3,8 VES.
Do you know how much that pair of shoes cost now?
10,000 VES, that is 1,000,000,000,000,000 bs in
It's just crazy.
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