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Venezuela goes Hyperinflation: A huge bag of Money for a chicken!
A 2.4 kg chicken is worth 14,600,000 bolivars, or $2.22.
Inflation in communist Venezuela this year could top one million percent, the International Monetary Fund (IMF) predicts. This gallery puts the buying power of today’s bolivar into perspective.
A kilogram of meat costs 9,500,000 bolivars, or the equivalent of $1.45.
Hyperinflation destroys purchasing power of money and encourages hoarding...