$150 for a dozen eggs: Venezuela in 720% hyperinflation death spiral — Fellowship of the Minds


Susan Warner writes for The Gatestone Institute (via ZeroHedge), that Venezuela, an oil-producing OPEC state that at one time claimed to be the most prosperous nation in Latin America, “is unraveling at breakneck speed”: A dozen eggs now cost $150, as inflation will hit 720% this year according to the International Monetary Fund. It’s not […]

via $150 for a dozen eggs: Venezuela in 720% hyperinflation death spiral — Fellowship of the Minds

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