Wednesday, September 16, 2009

The Venezuelan Currency and this week's coveted award

Here's the chart:

And thusly, this week's coveted award goes to all the prophets of doom that predicted 10:1 for the VEF vs the greenback. All those financial dumbasses that used the word "Zimbabwe" to explain what was about to happen to Venezuela. You are so pwned, dudes, all you have left is, "Yes b-b-b-b-b-but he's not doing it properly, is he?", the financier's equivalent of foot-stomping and pouting. So just do us all a favor and...