Does the BBC understand economics? Apparently not!

Does the BBC understand economics? Apparently not!

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Wow:

One of the drivers for extreme inflation is soaring demand – in Venezuela there are far more people trying to buy goods from shops than there are goods out on the shelves.

Source: BBC – Capital – Hyperinflation is affecting how Venezuelans have sex

The BBC gets multiple things wrong in a single sentence.

This item is so badly reported, we’ve filed it under “Humor”!

 

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