posted on Oct, 14 2015 @ 08:15 AM
Ketsuko beat me to it, but this truly is what the culmination of years of socialism looks like. While Robert Reynolds says that end-stage capitalism
might look similar, that's not the point at all, because our capitalism isn't at its end (yet?).
Looking at the chart supplied in the OP, the dramatic decline in currency value seems to coincide with the end of Chavez's health and presidency.
Nicolás Maduro then took over and continued presiding over the country as a socialist. They nearly stepped out of socialist rule in the last
election--Maduro only won by 1.5%--but alas, the citizens seem to have sealed their own fate on this one.
I know that I can't prove the negative that, if Maduro had lost, Radonski (the other candidate) could have kept this from happening, but historically
speaking, socialist countries don't tend to last long--at least the value of their money, anyhow.