14 Million for 1 Chicken? What You Need to Know about Hyperinflation in Venezuela

14 Million for 1 Chicken? What You Need to Know about Hyperinflation in Venezuela

Venezuela is slowing going through economy recovery after 4 years of hyperinflation, in which a 2.4 kg chicken once costed 14,600,000 bolivars in Venezuela, the equivalent of US $2.22.
Lebanon hyperinflation at Venezuela–level could lead to a disastrous crisis

Lebanon hyperinflation at Venezuela–level could lead to a disastrous crisis 1

Followed the default on its $1.2 billion bond debts, Lebanon is now officially stepped into hyperinflation territory with the inflation rate surpassing 500% in July.
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