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40%  
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Keyword: bolivarworthless

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  • 'Think of it as an ice cube': How Venezuela became a disaster state (80,000% Hyperinflation)

    01/01/2019 3:31:36 PM PST · by Libloather · 76 replies
    Yahoo ^ | 12/29/18
    **SNIP** Venezuela is ‘an ice cube’ The end result of the country’s decline, in terms of society, has been extreme poverty and hunger. In 2017, the average Venezuelan citizen lost around 24 pounds in 2017, about 73 people were murdered a day. And the rule of law is also breaking down: According to the country’s Prosecutor General’s office, 98% of crimes in 2014 were not prosecuted. Hyperinflation and the introduction of President Nicolas Maduro’s unique cryptocurrency has made the bolivar essentially worthless. The International Organization for Migration (IOM) noted that three million Venezuelans have sought refuge, hoping to find a...