Venezuela "free of the dollar tyranny" publishes oil and fuel prices in Chinese Yuan

Venezuela “free of the dollar tyranny” publishes oil and fuel prices in Chinese Yuan

Tuesday, September 19th 2017 - 09:48 UTC

Full article 4 comments

Venezuela published the price of its oil and fuel in Chinese currency on Friday in what it called an effort to free the socialist-run country from the “tyranny of the dollar,” echoing a plan recently announced by President Nicolas Maduro. Read full article

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Chicureo
If the Yuan exchange fails, perhaps Maduro could consider using bunny rabbits as a currency instead...
Sep 19th, 2017 - 12:54 pm - Link - Report abuse +3
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imoyaro
@Chicureo

Good to see you again! Actually I thought the would choose the Zimbabwean Dollar as the base for their currency. At least it would be easier to do the math... ;)
Sep 20th, 2017 - 09:39 am - Link - Report abuse 0
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Chicureo
Hi as well.
The Zimbabwean Dollar as other sad cases of hyperinflation lacked good governerance of their respective economies. It would all be so hilarious if it was not so truly be so sad for the people suffering.
Sep 20th, 2017 - 08:38 pm - Link - Report abuse +1
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DemonTree
Too true. When Mugabe took over in 1980, the Zimbabwe dollar was worth more than the US one. Now 37 years later, Mugabe is still in power but the Zimbabwe dollar is no more, the country no longer even has it's own currency. Lets hope things go better for Venezuela.
Sep 20th, 2017 - 10:32 pm - Link - Report abuse 0
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