Daily Info Economy

The daily source of information on the world economy


Saturday, November 4, 2017

The monetary explosion and the productive fall lead to hyperinflation to Venezuela

The uncontrolled injection of cash into the system and also the dramatic fall of production in recent years have crystal rectifier to hyperinflation to South American nation, wherever last October the brink of 50 inflation was exceeded for the primary time in history.

"The government, to be able to cover its expenses, what it will is produce base cash," social scientist Henkel GarcĂ­a, director of econometric, a prestigious financial analysis firm that calculable 50.6% inflation last month, told Efe. the one registered in Gregorian calendar month.

No comments:

Post a Comment