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Venezuela Explained

U.S. economists are disproportionately recruited and will begin research

Jorge Rodríguez, president of Venezuela's National Assembly, denied reports that the legislature hired American economist Steve Hanke to advise on hyperinflation, calling the news 'absurd' and 'false.' He announced an investigation into the deputy who allegedly spread the rumor.

Jorge Rodríguez denied the hiring of Steve Hanke by the National Assembly.

Rodríguez called the news 'descabellada, absurda, pueril, tonta y absolutamente falsa'.

The National Assembly will investigate the deputy who spread the rumor.

Rodríguez claimed Venezuela defeated hyperinflation in December 2021.

AI-assisted synthesis anchored to a real VeraVadis-analyzed source. Cleared by VeraVadis's automated editorial gates on 2026-08-23 — not reviewed by a human editor. Archive piece: published under our earlier method. It does not carry the per-claim evidence chain — who reported it first and who is echoing whom — that our current pieces carry. The source link and the date are the original ones.