Venezuela Runs Out Of Paper To Print Money

Margaret Thatcher famously stated “:“Socialists are happy until they run out of other people’s money.” With Venezuela we might have a new quote “until they run out of other people’s paper” Hopefully millennials who are said not to favor capitalism consider Venezuela when they search for the Utopian answer.  Free markets are at work regardless of the political doctrine in which one believes. Venezuela, which attempted price controls, forcing companies to produce goods at a loss and attempting to stifle free speech, is now faced with the problem of not having enough U.S. dollars to buy paper to print more money and…