Venezuela: Can the Grass be Green Again?
Inflation rate in Venezuela has skyrocketed, moving an average figure of 21.07% in 2012 to as high as 65,374.08% in 2018 before moderating to c.15,000% in 2020. Hence, the venezuelan Bolivar has lost its value, causing more money to chase fewer goods – imagining buying a roll of toilet paper with 2.6 million Venezuelan Bolivars in 2018.