tag:blogger.com,1999:blog-4080946.post751338407685166849..comments2024-03-26T00:37:34.943+01:00Comments on Venezuela News And Views: Getting ready for 2014 (6): 2014 in VenezuelaDanielhttp://www.blogger.com/profile/12128609182544333477noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-4080946.post-85392109660391814892013-12-25T01:07:12.406+01:002013-12-25T01:07:12.406+01:00If the dollar goes from 6 to 12 you may say that y...If the dollar goes from 6 to 12 you may say that your bolivars are now worth 50 % less and therefore you have to invest 100% more bolivars to get the same ítem. Your bolivars devaluated 50% as the dollar remains constant.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4080946.post-27953345810528616342013-12-25T00:45:54.929+01:002013-12-25T00:45:54.929+01:00Inepabized.... I was afraid the word would coined...Inepabized.... I was afraid the word would coined... Though it should properly be indepabized. ;)Danielhttps://www.blogger.com/profile/12128609182544333477noreply@blogger.comtag:blogger.com,1999:blog-4080946.post-80325973191246833112013-12-25T00:43:43.525+01:002013-12-25T00:43:43.525+01:00There are many ways to look at a devaluation depen...There are many ways to look at a devaluation depending on the headline one seeks. Mathematically nothing can "decrease" more than 100% otherwise you would get a negative currency! So what you do is take the new value of the currency as if it had always been 11.3 and calculate as I did how much it "lost". Maybe 44% is not as headliny as 79% but it is closer to measure the true financial impact. Trust me, 44% is already quite awful for my business......Danielhttps://www.blogger.com/profile/12128609182544333477noreply@blogger.comtag:blogger.com,1999:blog-4080946.post-52274970610860968222013-12-24T20:25:03.386+01:002013-12-24T20:25:03.386+01:00Math Example: How to calculate percentage increase...Math Example: How to calculate percentage increase, Decrease or Difference How to calculate percent increase between two numbers? To calculate percent difference, you need to follow these steps: Percent Problem: You need to calculate percent % increase from 2 to 10. First Step: find the difference between two numbers, in this case, it's 10 - 2 = 8. Second Step: Take the difference, 8, and divide by the original number: 8/2 = 4. Last, multiply the number above by 100: 4*100 = 400%. You're done! You calculated difference of a number in percent, and the answer is a percentage increase of 400%.<br />Or 5/6.3 = 79.4%Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4080946.post-73717005191086031862013-12-24T14:09:34.633+01:002013-12-24T14:09:34.633+01:00Plus you gotta find construction materials and pra...Plus you gotta find construction materials and pray you don't get expropriated or inepabized. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4080946.post-50725531658796805782013-12-24T04:34:45.558+01:002013-12-24T04:34:45.558+01:00Well, sell it if you can find some one willing to ...Well, sell it if you can find some one willing to fork dollars. Even if they pay half of its real value in dollars you get 50-20 a 30% profit :)<br /><br />And do you think that April is crunch month or do you have another date?Danielhttps://www.blogger.com/profile/12128609182544333477noreply@blogger.comtag:blogger.com,1999:blog-4080946.post-11902527109986643142013-12-24T03:33:23.134+01:002013-12-24T03:33:23.134+01:00The best example of this lending I can find, is th...The best example of this lending I can find, is that if you borrow to build a hotel, the rate is 9%, guaranteed until the hotel is finished. Build the hotel in Margarita, borrow say the equivalent of US$ 15 million at the unmentionable rate, build it and by 2015, you will owe 20% of the loan in Bs. have a building, you can sell it or run the hotel. Crazy, no?Miguelhttps://www.blogger.com/profile/09531734875286475335noreply@blogger.com