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 207개
  • Hi7년 이상
    It is sad
    • hi7년 이상
      sad but yeah i have to use this for an assignment
      • neha
        neha7년 이상
        this is sad
        • Duckycon_YT7년 이상
          2 million bolivars equals to 8.05 dollars
        • thatredheadxd
          thatredheadxd7년 이상
          Holy cow! I BLAME THIS ALL ON THE BOSTON TEA PARTY! Those Indians shouldn't have throne all of the tea off the ship! Cuz we ppl wouldn't be such coffee addicts. In my opinion, coffee tastes BAD! Stains ur teeth and costs lots of $$$. Xb They need to quit raising the cost on coffee. They should go find a McDonalds! It probably won't taste as good, but it's cheap and u can get refills if u stay inside. XD
          • bacon_bitzz
            bacon_bitzz7년 이상
            It was us American's who did it...
            • siennald
              siennald7년 이상
              Ummm... They r in Venezuela. is there a mcdonalds in Venezuela?
              • ajg16
                ajg167년 이상
                I asked my dad to look it up, there actually is! I was surprised lol 😂
              • ajg16
                ajg167년 이상
                Um it wasn't Indians that did it, the Boston tea party was a very long time ago, this is about coffee not tea, and coffee is DELISH
              • dragoness_lily
                dragoness_lily7년 이상
                And what does Boston have to do with Venezuela, if I may ask?
                • dragoness_lily
                  dragoness_lily7년 이상
                  It wasn't Indians who threw tea off the ship... Indians live in India not Boston
                • 0000000000hey7년 이상
                  yeah this si so sad
                  • Evelyn7년 이상
                    that is a BUNCH OF MONEY FOR COFFEE
                    • w7년 이상
                      that a lot
                      • w7년 이상
                        wow
                        • voiceofanangel
                          voiceofanangel7년 이상
                          i am so mad at them cant they get a new president? what in the world!

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