Saturday, February 17, 2007

Chavez: New currency to be introduced

CARACAS, Venezuela - President Hugo Chavez announced Thursday that a new currency will be introduced into Venezuela next year in order to combat inflation.

Chavez said three zeros will be stripped from the bolivar, and banknotes and coins for the "new bolivar" would enter into circulation in early 2008.
Chavez said the measure would help fight inflation and boost the strength of the local currency.



Color me confused I thought everything was perfect in Chavez's socialist paradise.


IMPEACH GOVENOR "RINO" RICK PERRY
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