The International Monetary Fund expects Venezuela to have the highest inflation in the world over the next five years, stealing the crown from Zimbabwe.
With inflation already a reboust 27.3% in September, the country looks well on its way to meeting these expectations.
The country is expected to have 28% inflation this year followed by 32% next year. Even in 2014, current trends point to 33.8% inflation.
In the meantime, Zimbawe will be running at a cool 8.7% for 2010.
One imagines something has to given at some point, yet it seems Mr. Chavez is able to hang on and perhaps even strengthen his position during crisis.
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