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Related: About this forumWhat does 10,000,000 percent inflation look like? See Venezuela
https://news.abs-cbn.com/business/10/09/18/what-does-10000000-percent-inflation-look-like-see-venezuelaWASHINGTON -- What does it look like to have inflation of 10 million percent? When something that cost $1 now costs $100,000, is there even a way to calculate the impact?
After seeing prices surge an already-unthinkable 1,000 percent last year, hyperinflation in Venezuela's imploding economy is set to hit nearly 1.4 million percent this year, the International Monetary Fund forecast in its World Economic Outlook released Monday.
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After years of economic mismanagement, and with the vital oil industry nearly at a standstill, Venezuela has seen tens of thousands of people flee the country daily, increasingly desperate to find food and medicines, flooding into neighboring Colombia and Brazil.
The Venezuelan economy contracted 14 percent last year and is expected to fall another 18 percent this year, but the good news -- if it can be called good -- is that with little room left to fall it is only forecast to shrink five percent in 2019, the report said.
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What does 10,000,000 percent inflation look like? See Venezuela (Original Post)
Bacchus4.0
Oct 2018
OP
pretzel4gore
(8,146 posts)1. The fascists have done this before
See Weimar Republic post ww1 until the Adolph rode to the rescue!
Fukking humanity!
"The world is so stoopid
It buys bread in crumbs
but buys its bombs
In tons! "
GatoGordo
(2,412 posts)2. There are no fascists in Venezuela
The closest thing to an opposition to Chavismo in Venezuela is a coalition of leftist groups called MUD (Democratic Unity Roundtable)
https://en.wikipedia.org/wiki/Democratic_Unity_Roundtable
pretzel4gore
(8,146 posts)3. The nazipoohs are same
as are screwing over USA etc.Bolton, rush limbah-humbug, geeb (bro of jeb)trump timemag, karl rove cheney kavana cbs kakaka oreally fox fiends and so on ad nazism...the fascists are destroying the world, and poor ole Venezuela aint got a chanced
john657
(1,058 posts)5. ......
Response to pretzel4gore (Reply #1)
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