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Tuesday, December 13, 2016

All Your Survival Hopes are Belong to Us

The decision by Venezuela's socialist autocratic government to kill their largest currency note may be "economically nonsensical," but it sure makes sense when you want to deprive people of even a remote chance of surviving in inflation-ravaged Venezuela apart from hand-outs from the flailing socialist autocratic government that will use those hand-outs to try to crush opposition.