This article appeared online at TheNewAmerican.com on Tuesday, April 17, 2018:
When Venezuela’s legitimate but outlawed National Assembly reported on the country’s runaway inflation numbers last week, the statistics were so astronomical that few could relate to them. Prices increased by 67 percent in March, 453 percent in the first quarter, and 8,878 percent over the last year.
Marxist Nicolás Maduro’s socialist government stopped reporting on those price increases two years ago, and he has sharply criticized any efforts by the National Assembly or websites such as Dolartoday.com since then to tell the truth. A spokesman for the National Assembly, Congressman Rafael Guzman, told a press conference that the runaway prices are beyond the control of the government: