This is what happens when you don't issue the world reserve currency

Section:

Venezuelans Add Beer to List of Privations

By Andres Schipani
Financial Times, London
Friday, April 29, 2016

Venezuela's largest privately owned company on Friday stopped producing beer, adding to a list of privations facing residents already frustrated by power cuts, water shortages, triple-digit inflation, and grinding recession.

"This could mean the end," says Sergio Silva, shopkeeper at a neighbourhood store in Petare, one of Caracas' biggest slums. "If Venezuelans do not have beer  ... this country could blow." ...

... For the remainder of the report:

http://www.ft.com/intl/cms/s/0/a64bc010-0d61-11e6-9cd4-2be898308be3.html



ADVERTISEMENT

Silver Coins and Rounds with Employee Pricing and Free Shipping

Grab your Silver Starter Kit at cost from Money Metals Exchange, the company named "Precious Metals Dealer of the Year" by industry ratings group Bullion Directory.

Simply go to MoneyMetals.com and type "GATA" in the radio box at the top of the page.

This special silver offer contains 4 ounces of silver coins and rounds in the most popular 1-ounce, half-ounce, and 10th-ounce forms. Claim yours now, because GATA readers get employee pricing and free shipping.

So go to --

http://MoneyMetals.com

-- and type "GATA" in the radio box at the top of the page.



Support GATA by purchasing recordings of the proceedings of the 2014 New Orleans Investment Conference:

https://jeffersoncompanies.com/landing/2014-av-powell

Or by purchasing DVDs of GATA's London conference in August 2011 or GATA's Dawson City conference in August 2006:

http://www.goldrush21.com/order.html

Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:

http://gata.org/node/wallstreetjournal

Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16