Article 4B1EY Barter and dollars the new reality as Venezuela battles hyperinflation

Barter and dollars the new reality as Venezuela battles hyperinflation

by
Emma Graham-Harrison and Patricia Torres in Cupira
from on (#4B1EY)

As inflation soars, Venezuelans have been forced to find new ways to pay for essentials - when the power supply allows

"Barter" reads a simple sign on Angi(C)lica Monasterios's stall in Cupira, a town on the main road east from Caracas. Her niece painted the sign for her in early February, after soaring inflation and vanishing reserves of hard cash made it hard to do business.

Related: 'A city of shadows': fear as Venezuela's crippling blackout enters day four

All this government talk of American imperialism and now we have to use dollars

Related: Venezuela blackout: what caused it and what happens next?

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/business/economics/rss
Feed Title
Feed Link http://feeds.theguardian.com/
Reply 0 comments