- 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.
Sebastian Boyd | Bloomberg