Yes you have heard right.
Venezuela's inflation of currency is too much. So If you want to buy a chicken you will have to go to market with bag full of money. A chicken price of about two and a half kilograms is worth 1.64 million Bolivar. The price of one kg of rice is 25 million Bolivar.
Now only crypto can solve this. They already have petro but I can't see it on cmc.
Lets see time will tell how will they face this bad situation.