Venezuela was a pure dumpster fire what Chavez and Maduro did to that country. After the oil money went dry, it was a pure Cantilon effect where the party members had their own fixed exchange rate of 15:1 while the people dealt with the 1000% hyperinflation.
Venezuela was a pure dumpster fire what Chavez and Maduro did to that country. After the oil money went dry, it was a pure Cantilon effect where the party members had their own fixed exchange rate of 15:1 while the people dealt with the 1000% hyperinflation.