Venezuelans Helpless Against Unsparing Hyperinflation
All Venezuelans today, regardless of the currency they handle, are suffering the effects of an imploding economy that displays just how fragile the “privileged” bubbles truly are
All Venezuelans today, regardless of the currency they handle, are suffering the effects of an imploding economy that displays just how fragile the “privileged” bubbles truly are
It’s been a year of hyperinflation in Venezuela, with a yearly rate that ravages consumers’ purchasing power and devours companies left and right. Just where does it ends?
Public transportation has new prices. Some services have increased by 1000%, others by 400% and others by 1.250.000%. Will this higher fare price help improve a broken industry? We don’t think so.
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