Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
2 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Venezuela's inflation blows past 25,000% (Original Post) GatoGordo Jun 2018 OP
wheelbarrows full of cash to go grocery shopping. lapfog_1 Jun 2018 #1
In Venezuela, the currency is weighed, not counted GatoGordo Jun 2018 #2
 

GatoGordo

(2,412 posts)
2. In Venezuela, the currency is weighed, not counted
Fri Jun 1, 2018, 05:37 PM
Jun 2018

That is, if you can get any cash. The ATM's provide for about 10 cents per day withdrawals. If they are working, since in most of the country, the electricity is only working 4 hours per day.



Of course, the Chavistas blame "mafias" for hoarding Bolivars... which defies logic, since the currency is depreciating so quickly, most people spend it the minute they get it.

Kick in to the DU tip jar?

This week we're running a special pop-up mini fund drive. From Monday through Friday we're going ad-free for all registered members, and we're asking you to kick in to the DU tip jar to support the site and keep us financially healthy.

As a bonus, making a contribution will allow you to leave kudos for another DU member, and at the end of the week we'll recognize the DUers who you think make this community great.

Tell me more...

Latest Discussions»Region Forums»Latin America»Venezuela's inflation blo...