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He said, he won't want to exchange dollars for bolivars. He is right, what are you going to do with with the bolivar? By the time you get to spend it, it's
by segmondy 10y ago
He said, he won't want to exchange dollars for bolivars. He is right, what are you going to do with with the bolivar? By the time you get to spend it, it's lost it's value by tons. Unless you are buying land, or paying people and doing business. But even then you run the risk of having your land, business seized. Anyone with dollar will hoard it as much as possible. It's your golden ticket out of the country.
- jimmywanger 10y agoDid you not read my comments? I said that exchanging dollars for bolivars was easy. Exchanging bolivars for dollars, that's different. You realize you just said that you said the exact reversal of my statement.