Yes, the US economy like Europe and Japan are suffering from chronically low rates of inflation (unless you count things like home prices,. rent, college tuition, healthcare, etc).
But not Venezuela! They just surpassed the year 2017 in terms of their inflation rate: 2061%!
Venezuela’s sovereign curve remains steeply downward sloping with short-term rates in excess of 50%.
And Venezuela’s CDS curve is similar in that it is downward sloping with 6 month CDS at almost 13,000.
“Look amigo, I can spin the basketball just like Steph Curry!”