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Bolivar Fuerte

Venezuela Inflation Rate Soars To Unseen Levels

AP | Posted 11.08.2013 | Latino Voices

CARACAS, Venezuela -- CARACAS, Venezuela (AP) — Inflation in Venezuela has surged above 50 percent as a plunge in the value of the currency deters i...

Sky Not Falling After Venezuela Devalues Its Currency

Mark Weisbrot | Posted 05.04.2013 | World
Mark Weisbrot

There are a number of distortions and problems with Venezuela's economy -- including recurrent shortages -- and some of them have to do with the management of the exchange rate system. But none of these problems present a systemic threat to the economy.