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Thursday 14 March 2019

Barter and dollars the new reality as Venezuela battles hyperinflation

As inflation soars, Venezuelans have been forced to find new ways to pay for essentials – when the power supply allows

“Barter” reads a simple sign on Angelica Monasterios’s stall in Cupira, a town on the main road east from Caracas. Her niece painted the sign for her in early February, after spiralling inflation and vanishing reserves of hard cash made it hard to do business.

Related: 'A city of shadows': fear as Venezuela's crippling blackout enters day four

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from The Guardian https://ift.tt/2Hx1gIr

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