This chart shows the insanity of Venezuela's hyperinflation

Get the Full StoryVenezuela's inflation has skyrocketed amid the ongoing economic, political, and social crisis.

Consumer prices in Venezuela soared by 741 year-over-year in February 2017, according to estimates from the opposition-led congress, as cited by Trading Economics. In December 2016, the inflation rate touched an all-time high of 800 .

The rate has averaged about 32.47 from 1973 to 2017, according to Trading Economics' data.

By comparison, consumer prices in the US rose by 2.4 in March. The all-time high for the US inflation rate was 23.70 in June 1920.

The chart below shows Venezuela's inflation rate from the 1970s to 2017.

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