Why Venezuelans Are Paying Millions Of Bolivars For A Cup Of Coffee
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Think the prices at your neighborhood coffee shop are a little steep? Then you might want to avoid visiting the South American country of Venezuela, where the cost of a cup of coffee has risen more than tenfold, from a “reasonable” 190,000 bolivars in April 2018, to over 2 million bolivars in August 2018. What’s worse is that if the July 26, 2018 report from the International Monetary Fund forecasting a 1,000,000 percent annual inflation rate is correct, the caffeine fix could set the country’s residents back an astounding 5 million bolivars per cup by September! Welcome to Venezuela’s hyperinflated economy!
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지금 학습 시작하기댓글 206개
- weirddude57년 이하wow
- f7년 이하wow
- SaltyTurtle7년 이하The reason is probably because of socialism and also over-printing currency onotes which decreases the value. Eg. pancake (before)= 5 bolivar Pancake (now)= 70 bolivar
- Salteh7년 이하The reason it is so high is because of socialism.
measachan107년 이하Wow how did he do that- jack7년 이하so cool
- T-bear7년 이하Wow...strong opinion
- T-bear7년 이하That's just sad...
- 21 sausage7년 이하thought that was pablo escobar in the pic
- Anna7년 이하I would never curse the government at all