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01/22/2019 / By Tracey Watson

Reminder from Venezuela: Inflation is not a natural disaster; it is a man made catastrophe that’s entirely avoidable

Back in February of 1973, inflation in Venezuela was at a respectable 3.22 percent. Those days are long, long gone, however. According to TradingEconomics.com, consumer prices jumped by a staggering 1.3 million percent in Venezuela over the past year. The country is in an absolute economic freefall which at this point looks completely irreversible. Interestingly, […]

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