Why Venezuelans Are Paying Millions Of Bolivars For A Cup Of Coffee

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Image Credit: Bloomberg.com

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!

댓글 206개
  • lovani7년 이하
    how do you survive there? if i was them i would curse the government
    • oh no!!7년 이하
      1 United States Dollar equals 248,520.00 Venezuelan Bolívar (2008–2018)
      • oh no!!7년 이하
        You need 2034 dollars to be a billionaire in Venezuelan.
        • fifaworldcup
          fifaworldcup7년 이하
          They should just quit raising so much money . if that doesnt work venazualians should stop buying coffee . any do spoils your teeth . crazy anyway
          • fifaworldcup
            fifaworldcup7년 이하
            mysteryhuman_ hi . i kinda disagree with you
            • Nick7년 이하
              Wow
              • SECRET7년 이하
                current events on a sad artical '~' i dont agree :C
                • hi7년 이하
                  sad but at least i don't have to do an assignment on this PSHYCE
                  • BROSKI_weirdo7년 이하
                    i like coffee ;)
                    • Hi7년 이하
                      It is sad