Venezuela is the only country in the world that is currently experiencing the ravages of hyperinflation. As 2018 came to a close, Venezuela's hyperinflation, which I am able to measure by applying Purchasing Power Parity (PPP) to high frequency, reached 80,000%/yr, and has lasted 25 months.
Venezuela is the only country in the world that is currently experiencing the ravages of hyperinflation. As 2018 came to a close, Venezuela's hyperinflation, which I am able to measure by applying Purchasing Power Parity (PPP) to high frequency, reached 80,000%/yr, and has lasted 25 months.
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