One Man Coup Attempt in Venezuela (As Price Inflation Soars Above 700%)

Socialism, hyperinflation and price controls, brings you this.

A rogue police helicopter pilot who counts a former Miss Venezuela as a friend stole a police helicopter and dropped grenades on the country’s Supreme Court this morning in what President Nicolás Maduro called a “terrorist attack”, reports The Sun.

The aircraft also fired 15 shots at the Interior Ministry in Caracas, where scores of people were at a social event, officials said.



Meanwhile:

Venezuela’s annual inflation, which I measure daily, soars to 710%. Over 700% not seen since June 2015. pic.twitter.com/cr1rPBDduR

— Prof. Steve Hanke (@steve_hanke) June 26, 2017

 - RW