• Economics

    Monopoly Money it’s Worth More than Venezuela’s Money (Seriously)

    Venezuela is the undisputed king of inflation in the last decade. Yet, it looks like it could get even worst, much worst. According to the International Monetary Fund (IMF), the projected inflation of the country is 14,000,000% for 2019. Again, that is Fourteen. Million. Percent. Considering this horrifying reality, and leaving the depressing social impact aside which is the true tragedy there, there is only one sensible question to ask: Is Venezuelan currency worth less than Monopoly money at this point? Seriously, if you want to get a $1 US by exchanging another currency, and you can only choose between having monopoly money and Venezuelan bolivars, what currency will give…