Monday, July 18, 2016

Paul Krugman Heaven: 1600% Inflation in Venezuela

Consumer-price inflation in Venezuela is forecast to hit 480% this year and top 1,640% in 2017, according to the International Monetary Fund.

3 comments:

  1. Why, their GDP must be goin' TO THE MOON!!!

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    Replies
    1. Lol. Yep... and numbers don't lie.

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  2. Well I have it from good sources that the Venezuelan economy is on the dumps because of destabilizing efforts by the US government and rival oil companies or something. Gou get quite a lot of insight from Facebook comments...

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