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What Hyperinflation In Venezuela Really Looks Like

Authored by J.G.Martinez D. via Daisy Luther's Organic Prepper blog, The inten.....»»

Category: blogSource: zerohedgeApr 16th, 2018

Shopping at well-stocked Venezuelan stores? Better take dollars ...

'Dollar stores' - where you pay for goods with greenbacks - are popping up in Venezuela to overcome hyperinflation and a collapsing currency. But, as Pascale Davies reports, not everyone can afford them.....»»

Category: videoSource: reutersNov 2nd, 2018

In Socialist Venezuela, The Poor Starve To Death While The Politically Powerful Feast

Authored by Tho Bishop via The Mises Institute, The socialist policies of the Venezuela government continue to impose a living hell on its people. Hyperinflation has turned its currency to literal garbage. Mortality rate.....»»

Category: blogSource: zerohedgeSep 20th, 2018

More Money, More Problems: Why Venezuela’s New Currency Is Unlikely to Curb Its Hyperinflation

The official foreign exchange rate is now closer to the black market rate for dollars. Venezuela’s government unleashed the new sovereign bolivar on Tuesday in an attempt to curb hyperinflation, coming on the heels of a 3,000% minimum wage.....»»

Category: europeSource: fortuneAug 22nd, 2018

A cryptocurrency is making huge inroads in Venezuela as inflation runs wild — and it"s not bitcoin or the Petro

Ryan Taylor/Dash Core Group Venezuela is currently suffering from hyperinflation and the president recently devalued the currency by 95%. Locals are turning to cryptocurrencies as a more stable sto.....»»

Category: topSource: businessinsiderAug 22nd, 2018

Venezuela"s new currency confusing residents: report

Hyperinflation in Venezuela could reach 1 million percent by the end of the year, according to the International Monetary Fund......»»

Category: topSource: foxnewsAug 21st, 2018

Venezuela"s shopkeepers take fright at Maduro"s latest moves

Venezuela on Monday slashed five zeros from prices as part of a plan President Maduro says will tame hyperinflation b.....»»

Category: videoSource: reutersAug 20th, 2018

Hyperinflation Has Destroyed Venezuela

Authored by Alex Deluce via GoldTelegraph.com, Has coffee become an unattainable luxury? It is if you live in Venezuela’s capital of Caracas. In July, the price of a cup of coffee was 2 million bolivars. In a country where the .....»»

Category: blogSource: zerohedgeAug 16th, 2018

How hyperinflation left me broke in Venezuela

It’s banking madness in Venezuela, where something as simple as a fast-food meal can cost 20 million bolivars......»»

Category: topSource: moneycentralAug 10th, 2018

How hyperinflation left me broke in Venezuela

It’s banking madness in Venezuela, where something as simple as a fast-food meal can cost 20 million bolivars......»»

Category: topSource: moneycentralAug 10th, 2018

Venezuela Has a Dubious Plan to Fight Hyperinflation and It Involves Its Cryptocurrency, the Petro

Venezuela Has a Dubious Plan to Fight Hyperinflation and It Involves Its Cryptocurrency, the Petro.....»»

Category: europeSource: fortuneJul 26th, 2018

The Venezuelan Stock Market’s on Fire as Inflation Heads to 1,000,000%

Stocks in Venezuela are up over 73,000% in the past year, and hyperinflation could accelerate to 1 million percent......»»

Category: blogSource: barronsJul 25th, 2018

The Venezuelan Stock Market’s a Bank as Inflation Heads to 1,000,000%

Stocks in Venezuela are up over 73,000% in the past year, and hyperinflation could accelerate to 1 million percent......»»

Category: blogSource: barronsJul 25th, 2018

Venezuela Surpasses Weimar As Hyperinflation Expected To Hit 1,000,000% By Year End

Some readers may recall this headline from January 2018 "IMF Proje.....»»

Category: blogSource: zerohedgeJul 23rd, 2018

Venezuela, The Poster Child of Modern Socialism

Venezuela, The Poster Child of Modern Socialism Venezuela is in a state of “economic collapse” with hyperinflation not see since the middle of the last century, the International Monetary Fund said Mo.....»»

Category: topSource: livetradingnewsJul 17th, 2018

Venezuela"s Socialist Hyperinflation Turned People Back To Barter System

Authored by Mac Slavo via SHTFplan.com, In the wake of socialist Venezuela’s massive h.....»»

Category: blogSource: zerohedgeJul 12th, 2018

Venezuela Hyperinflation Hits 46,305%: Food Prices Soar 183% In One Month

While hardly a surprise in a .....»»

Category: blogSource: zerohedgeJul 9th, 2018

Venezuela"s domestic airline industry suffers amid economic crisis

Venezuela's domestic airline industry is struggling to maintain operations due to hyperinflation and shortages of spare parts, according to an industry association, making it increasingly hard to obtain tickets and causing chronic flight delays......»»

Category: topSource: reutersJul 6th, 2018

Fish for flour? Barter is Venezuela"s new currency

In the face of hyperinflation and a dearth of cash, Venezuelans are increasingly turning to bartering for basic transactions. As Ivor Bennett reports, barter clubs are also springing up in Argentina as a shrinking economy takes hold......»»

Category: videoSource: reutersJul 4th, 2018

Venezuela"s Hyperinflation Problem In Perspective

At the beginning of this month, Venezuela's opposition-dominated National Assembly released a report showing that the country's annual inflation rate increased to a mind-blowing 13,779 pe.....»»

Category: blogSource: zerohedgeMay 30th, 2018

Hyperinflation Meets Free Electricity: Venezuela"s Crypto-Mining Mania Goes Mainstream

Most Venezuela.....»»

Category: blogSource: zerohedgeMay 25th, 2018