Wednesday, 22 August 2018

Inflation approaches 1 million percent. The minimum wage will rise 3,500%. This is today's Venezuela

Inflation approaches 1 million percent. The minimum wage will rise 3,500%. This is today's Venezuela

Maria Celeste Molina warily pulled cash from a downtown ATM and stuffed the bolivars in her purse. Come tomorrow, she had no idea what they might buy. “I need the cash to travel tomorrow,” the 24-year-old university student said. “But I don’t know if there will be public transport or how much the new fares will be.”
Read more: http://www.latimes.com/world/la-fg-venezuela-economy-20180820-story.html?source=Snapzu

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