Venezuela’s Inflationary Nightmare

Venezuela's Inflationary Nightmare by Tyler Durden Tue, 05/01/2018 – 15:10 Authored by Virginia Fidler via GoldTelegraph.com, Venezuela may have achieved the socialist dream. It once had gold and oil in abundance, yet now, people are starving, and toilet paper is a luxury. Venezuelans can no longer afford the most basic necessities. During the first quarter of 2018, consumer prices rose again, this time by 454 percent. Hyperinflation has made the bolivar essentially worthless. The country […]

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