Venezuelan hyperinflation - 20 June 2016 - free no deposit forex bonus
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Venezuelan hyperinflation

 

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In Venezuela every week less food and electricity per capita. Actually, the population - the main victims of the economic crisis in the country - for AMarkets materials.

 

AMarkets

 

Prices will continue to rise further. According to IMF estimates, by 2017, hyperinflation will rise to the level of 1642%. Such a scale is difficult to even imagine. 2016 will be completed, according to forecasts, inflation at the level of 481%. A similar "giperrost" could be seen in Weimar Germany in the period 1918-1923.


The graph - modeling of inflationary growth in Venezuela, based on the pattern of the Weimar Republic.

In 2012, 4 units of the Venezuelan currency traded at $ 1. At the end of 2015 900 Venezuelan bolivars could be bought for 1 US dollar. By the end of 2017 for 1 US dollar will buy 90 thousand. Bolivars. Such calculations lead a team of experts from the Visual Capitalist and Texas Precious Metals.

 

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