It’s been said that the road to hell is paved with good intentions – and that’s not all you’ll find on the road to hell.
As Venezuela drove down the road to serfdom, there was no shortage of liberal cheerleaders praising their descent into becoming a socialist hellhole. The nation is now suffering shortages of electricity, water, and even food to the extent that citizens are padlocking their refrigerators.
The economy shrank 18 percent last year, unemployment tops 25 percent (for some context, unemployment peaked at 24.9 percent during the American Great Depression), and inflation tops 2000 percent. Just look at how the value of their currency has plummeted:
In fact, their currency has become so worthless that video game currency in one popular game is now officially more valuable:
Digital gold from Blizzard’s massive multiplayer online game “World of Warcraft” is worth more than actual Venezuelan currency, the bolivar, according to new data.
Venezuelan resident and Twitter user @KalebPrime first made the discovery July 14 and tweeted at the time that on the Venezuela’s black market — now the most-used method of currency exchange within Venezuela according to NPR — you can get $1 for 8493.97 bolivars. Meanwhile, a “WoW” token, which can be bought for $20 from the in-game auction house, is worth 8385 gold per dollar.
It happened again, WoW gold is worth more than the Venezuelan Bolivar.
Black Market: Bs.F 8493.97 per USD
WoW Token: ~8385g per USD. pic.twitter.com/Il7TVqYNsH
— Kaleb (@KalebPrime) July 14, 2017
According to sites that track the value of both currencies, KalebPrime’s math is outdated, and WoW gold is now worth even more than the bolivar.
According to the site dolartoday.com, which actively tracks the worth of the bolivar on the black market, the bolivar has dropped to 11,185.95 per dollar since KalebPrime posted .
Meanwhile, according to mmobux.com, which tracks the value of WoW’s in-game currency for sales outside of the game, the lowest sale of 10,000 gold in a real life exchange will get you $1.21.
H/T The Blaze
Remember: Socialist senator Bernie Sanders is a huge fan of Venezuela. He praised the country’s economically redistribution policies, writing, “These days, the American dream is more apt to be realized in South America, in places such as Ecuador, Venezuela and Argentina, where incomes are actually more equal today than they are in the land of Horatio Alger.”
How’s that socialism working out now, Bernie?
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