₦airaland Forum

Leonidas8:
I think Zimbabwe's inflation was worse, some quadrillion or gazillion % inflation rate.

Much worse...

Seened:
BruncleZuma, between this Venezuelan situation and the Zimbabwean inflation of 2008 which one do you think was worse?

It's still progressing and that's not a good indication and should act as a warning for us here in Nigeria. Huge mineral resources and irresponsible governing are a dangerous mix for any economy and South Africa is about to join the fray.

On Monday, Venezuelan President Nicolas Maduro will issue a new currency to manage the country's runaway inflation, which the IMF predicts will hit 1,000,000% this year.

The Venezuelan bolivar has become near-worthless, following a severe economic downturn. To show the extent to which hyperinflation has gripped the country, Reuters photographer Carlos Garcia Rawlins created images of everyday food and household items alongside the amount of money it costs to buy them.

A 2.4kg chicken has been costing 14,600,000 bolivars (equivalent to $2.22, or £1.74) in the capital, Caracas.
https://ichef.bbci.co.uk/news/695/cpsprodpb/C380/production/_103084005_688867ea-f803-4acf-b346-186f15fcbbb4.jpg

Last Thursday, a toilet roll cost 2,600,000 bolivars.
https://ichef.bbci.co.uk/news/695/cpsprodpb/E658/production/_103086985_9fd0c875-8270-4a9d-b1a6-b91234e1538e.jpg

Three million bolivars for these carrots.
https://ichef.bbci.co.uk/news/695/cpsprodpb/18298/production/_103086989_d3bc37ec-191e-48fd-9251-cb73cad52091.jpg

Venezuelans have been stocking their homes with food before the measures take effect on Monday, amid concerns that confusion and overburdened banking systems could make trade impossible.

A packet of 1kg of rice cost 2,500,000 bolivars.
https://ichef.bbci.co.uk/news/695/cpsprodpb/DBD6/production/_103087265_744f7028-359b-4024-a925-d679669c4d22.jpg

In July this year inflation hit 82,700%.

Alicia Ramirez, 38, a business administrator, spoke to Reuters in a supermarket in the western city of Maracaibo: "I came to buy vegetables, but I'm leaving because I'm not going to wait in this line.

"People are going crazy."

For a packet of sanitary pads you need 3,500,000 bolivars.
https://ichef.bbci.co.uk/news/695/cpsprodpb/9838/production/_103086983_bd053ff5-2be0-48b8-a200-1276b9e86e67.jpg

A kilo of tomatoes? That'll be 5,000,000 bolivars.
https://ichef.bbci.co.uk/news/695/cpsprodpb/4A18/production/_103086981_89b47bf3-6fb1-409e-a3c1-ac438d728fa9.jpg

Monday has been declared as a public holiday, the same day as internet banking operations are halted for several hours and a new set of notes with lower denominations are introduced.

A kilogram of cheese is pictured next to 7,500,000 bolivars.
https://ichef.bbci.co.uk/news/695/cpsprodpb/8DB6/production/_103087263_c0597a72-3cd1-4a73-ba31-a529f9882668.jpg

Nappies could be purchased for 8,000,000 bolivars
https://ichef.bbci.co.uk/news/695/cpsprodpb/13478/production/_103086987_ad9177d3-494b-4f68-85bc-3bd59be0284e.jpg

And a kilogram of meat cost 9,500,000 bolivars.
https://ichef.bbci.co.uk/news/695/cpsprodpb/111A0/production/_103084007_8c7765ff-5f3b-4b92-97b4-e7d623fa6b5c.jpg


Source: https://www.bbc.co.uk/news/amp/world-latin-america-45246409

Hell No

Says a he-goat to his fans...

[img]https://media1./images/c3907fdd75cf1808d6421e9639868da4/tenor.gif[/img]

America...

dingbang:
the thing just be like tattoo for him body

It may be a dermatological reaction or a fungal infection. He should see a dermatologist as soon as possible.

Bia nna head to a hospital quick.

FarahAideed:
Okupe is certified fool ...show me one of Atikus business that has ever failed and I will show you ten of Sarakis that have failed

Question, what does Buhari do for a living? Asides being paid for his treasonous affair of 1984.

Duncan Mighty Fans be like....

[img]https://media./images/eb4e7951d51c16e3d42637544eda5e3a/tenor.gif[/img]

[img]https://media1./images/732ac2c2d9af9bbe6269d71789aee92f/tenor.gif[/img]

[img]https://media1./images/0a77a558d66fe08143b6458ad4373e18/tenor.gif[/img]

I hope the oyile has not bailed?

[img]https://media./images/046c5cfdfb264975a4ed2bb10f71d778/tenor.gif[/img]

Can we just stop already...

SFW?

[img]https://media1./images/f9fe30edcd2a8e8a0eab816a6166471d/tenor.gif[/img]

How person wan take gee you work wen the least safety kpo fa?

The annual show of force on an already beaten people continues...one day that boil go bust and the yamayama must bolé...

Eeehn!!! or Eehhn Eehhn, do you want to defect?

AroleOduduwa:
Those whom the gods wish to destroy they first make mad. This man is losing it, they better chain him before things gets from bad to worse

Nah make dem let am enter market first