Posts Tagged ‘emergencyquot’

Venezuela Prepares To Liquidate Its Remaining Gold Holdings To Pay Coming Debt Maturities

Last Thursday when we recounted the story of how Venezuela is now literally flying in paper money (using three dozen cargo Boeing 747s), we wrote that “Venezuela’s hyperinflation, already tentatively estimated at 720%, will likely add on a few (hundred) zeroes by this time next year. It is also quite likely that Venezuela […]

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