How Venezuela, an oil rich country has such an inflation ?

[Senin]

Only this year, the inflation rate in Venezuela is about 900 percent. All this comes from the inept political leadership of the country. President Maduro is in conflict with the legislature of his country and with his people as a whole.

[Condorlaib]

Only this year, the inflation rate in Venezuela is about 900 percent. All this comes from the inept political leadership of the country. President Maduro is in conflict with the legislature of his country and with his people as a whole.

If we look at all this carefully, it is not clear where the great inflation in Venezuela came from.  I think that many in the media met the news, where they spotted the full cargo compartments of the gold planes that their president wanted to hide.  He robbed the people, and everyone thinks why this country is so poor.

[Alcor]

Only this year, the inflation rate in Venezuela is about 900 percent. All this comes from the inept political leadership of the country. President Maduro is in conflict with the legislature of his country and with his people as a whole.

Yes, in order for a country rich in natural resources to flourish, it first of all needs skillful leadership, including good business executives. Venezuela seems to have a big problem with this.

[alexkamillakroy]

Ish happens when you're sanctioned to choke in order to be brought to servility