Thursday, December 21, 2017

A New Horrifying Record for Venezuela,...'s price inflation has hit 4651%.

Never trust government with handling a country's money. Government devaluing of money is only a matter of degree and time. Since the launch of the Federal Reserve, prices have increased by over 2500% in the United States. It's just slow motion hyperinflation here. Boiling the frog slowly.

(chart via Steve Hanke)

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