Posted on 07/01/2018 5:00:51 AM PDT by Libloather
Venezuela's inflation rate has hit a new high with consumer prices in the crisis-ridden country rising by more than 40,000 per cent annually for the first time on record, according a top economist.
**SNIP**
Venezuela's government has largely stopped reporting economic data, including internal measures of inflation. The Central Bank of Venezuela, which did not immediately respond to request for comment, has not independently released inflation figures in at least a year.
**SNIP**
Mr Abadia said Venezuela is a "disaster area" and that as long as Mr Maduro is in power, the economy will "continue to collapse." But Mr Maduro reaffirmed his tight grip on power last month, easily winning another six-year term in what was widely condemned as a fraudulent election.
(Excerpt) Read more at yahoo.com ...
Sounds like they think it's something to be proud of.
How about:
Venezuela's Inflation Rate, Has Recently Exceeded 40,000 Percent
and
Worse IMHO, since they have killed millions.
LOL!
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