September 18, 2021

Venezuela’s Hyperinflation—Weimar or Zimbabwe on the Caribbean?

Pin It

by Scott B. MacDonald From The National Interest These two historical cases warn of what could come next. Venezuela has the dubious distinction of having the world’s highest level of inflation. According to the International Monetary Fund (IMF), Venezuela’s estimated inflation rate in 2017 was 1,087.5 percent. The runners-up were the Democratic Republic of Congo […]