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Venezuelan Money Supply Is Surging at the Fastest Pace on Record 

Sebastian Boyd | Bloomberg | Feb 5th, 2019
Category: Financial News

  • M2 money supply increased 31% in the week through Jan. 25
  • ​Points to worsening inflation and an even weaker currency

Venezuelan money supply rose 31 percent in the week through Jan. 25, according to central bank data. That’s the fastest expansion since at least 1997 and could indicate that a panicked government has boosted spending in the face of protests, sanctions and the withdrawal of recognition by a big chunk of the international community.

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