Wednesday 30 November 2016

Leftists Never Learn. Utopian Fantasies Never Die....................from Rico

Somewhere in Hell, Hugo Chavez and Fidel Castro must be arm-in-arm and smiling at this.
Apparently taking 'inspiration' from Jillary Stein's brilliant recount effort following her 0.0-1.1% national election performance, Zimbabwe's Reserve Bank is printing 'new' Z-Dollars for the first time since 2009 and attempting a post-hyperinflationary come back.
- For Keynesians and other liberals: The Z$ went from an exchange rate of one-to-four US$ [read: it took four US$ to buy one Z$] to toilet paper in just under ten years of Marxist utopian economic central planning. Chuck E. Cheese tokens actually had more value than a Z$100,000,000,000,000 note did by the time the Communists had their way with the currency. [Yes, that's the correct number of zeroes; I have a couple of these hundred-trillion Z$ notes.] The resulting hyperinflation easily stole the world title from the former all time champeeen post-WWI Weimar Germany and knocked Venezuela and Argentina out of the running. What it did to the people of Zimbabwe you simply cannot imagine.
By now, you'd expect some common-sense to have seeped into the Communist skulls of Jillary Stein or Bobby Mugabe, but noooooooooo. You can hear them sputtering "but, but, but it will be different THIS time" down through the generations.
- Leftists never learn, and utopian fantasies never die, just their leaders and their followers do. [read: Mugabe is 92, he'll be doing a 'Castro' himself soon.]

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