Venezuela’s Collapse and Hyperinflation

Almost no one talks about what actually happened in Venezuela, because on paper it should have been

one of the richest countries in the world, sitting on the largest proven oil reserves

on Earth, but a mix of heavy government control, reliance on oil money,

and massive money printing slowly broke the economy, inflation spiralled so badly that cash

became nearly worthless, people carried bags of bills just to buy basic food, power and medicine

became unreliable, and millions of people didn’t leave because they wanted to start over somewhere

else, they left because staying meant choosing between eating, having electricity,

or getting medical care, and once an economy loses trust in its own money,