The Traderszone Network

Published in TZ Latest News 15 June, 2016 by The TZ Newswire Staff

The Trajectory of Venezuelan Hyperinflation Looks Frighteningly Familiar…

Extreme shortages of food and power continue to ravage the country of Venezuela, and ordinary people have been paying the price.

With triple-digit inflation, that “price” is expected to continue to soar even higher. The International Monetary Fund (IMF), in its most recent set April forecasts, expects inflation in Venezuela to hit 481% by the end of 2016.

read more