That's an extreme case of hyperinflation. Venezuela is dependent on oil and never tried to diversify their economy. You could argue that Argentina was a first world nation before WWI.
“Good luck America. Take a look at Argentina.”
Perhaps you mean Venezuela? That being said there has never been a larger collection of dumbasses running things in the US Government. The bigger problem is they think that they are all geniuses.
That's an extreme case of hyperinflation. Venezuela is dependent on oil and never tried to diversify their economy. You could argue that Argentina was a first world nation before WWI.