by Anthony B Sanders
The people of the once thriving country of Venezuela are suffering mightely. Although lower than the all-time high of 2,432.9%, the current annual inflation rate is 2,274,78%.
Compare Venezuela’s inflation with that of the USA which has 1.40 or 1.68% YoY, depending on your government measure of choice.
A survey by a top university found the average Venezuelan has lost nine kilogrammes (around 20 pounds) in the past year.
Venezuelan dictator Nicholas Maduro signalling “Twenty pounds lost .. without Jenny Craig.”