Venezuela's Inflation Rate Projected to Hit 10,000,000% in 2019

Venezuela, the country with the lowest wages in the region and an unprecedented humanitarian crisis, has broken the record for the highest inflation in the Americas, to such an extent that by 2019 hyperinflation will reach the astounding figure of 10,000,000%. This is due, according to the Venezuelan economist José Toro Hardy, to “aberrant public policies” full of state controls.

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