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
  • hi약 7년
    sad but yeah i have to use this for an assignment
    • neha
      neha약 7년
      this is sad
      • Duckycon_YT약 7년
        2 million bolivars equals to 8.05 dollars
      • thatredheadxd
        thatredheadxd약 7년
        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_bitzz약 7년
          It was us American's who did it...
          • siennald
            siennald약 7년
            Ummm... They r in Venezuela. is there a mcdonalds in Venezuela?
            • ajg16
              ajg16약 7년
              I asked my dad to look it up, there actually is! I was surprised lol 😂
            • ajg16
              ajg16약 7년
              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_lily약 7년
              And what does Boston have to do with Venezuela, if I may ask?
              • dragoness_lily
                dragoness_lily약 7년
                It wasn't Indians who threw tea off the ship... Indians live in India not Boston
              • 0000000000hey약 7년
                yeah this si so sad
                • Evelyn약 7년
                  that is a BUNCH OF MONEY FOR COFFEE
                  • w약 7년
                    that a lot
                    • w약 7년
                      wow
                      • voiceofanangel
                        voiceofanangel약 7년
                        i am so mad at them cant they get a new president? what in the world!
                        • voiceofanangel
                          voiceofanangel약 7년
                          omgoodness

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