|Venezuela's currency now worth so little shopkeepers weigh vast piles of notes instead of counting them. (via The Independent)|
After a month-long hiatus from publication, the central bank said late on Friday the total amount of local money (M2) in circulation as of March 24 was 13.3 trillion bolivars, up 202.9 percent from a year earlier.
Fed chair Yellen is mad, but not that mad. The United States' money supply was up 6.4 percent in the same period.
Venezuela's opposition-led National Assembly, which accuses the leftist government of destroying the country's economy, says the money increase has resulted in a price inflation of 741% in the year to February.