LIVING THROUGH HYPERINFLATION: A Conversation with Lynette Zang & Fernando "FerFAL" Aguirre
ITM Trading Podcast
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What's Going on in Venezuela?
Inflation is a mechanism by which there's so much overflow of money that it's no longer holding a value. The worst moment is when they start doing some of these restrictions in terms how much money you can take out of a bank, how much cash. People don't even want to work for that kind of money. So you see all these articles about a they're looking for workers in a fast food place, people don't even show up. Why would they show up? It's not enough money to make a living. That's really what's going on, absolutely. And itis usually the left that is very good at destroying currencies and their king of inflation every single time.
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