Dear friend, you have fallen short of what is happening in Venezuela. The devaluation exceeds 9000% and as of June 4, 2018, inflation is estimated to be above 12000%. What you may not know is that "El Bolívar" no longer exists in Venezuela for eight years; today it is managed by what is called "El Bolívar Fuerte" and as of June 4 it will be called "Bolívar Soberano", respectively Bs., Bs.F., and Bs.S.
Between each of these denominations, three zeros have been removed to simulate that things have gone down in price, that is 1 Bs.S. = 1,000 Bs.F. = 1,000,000 Bs.. If so, draw your own conclusions.
The living conditions of Venezuelans are so bad that they fear to get sick because you die. People are skinny; it's sad.
In the days leading up to the elections, the atmosphere is one of collective stress.
You know, steemit has been invaded by Venezuelans; I am one of them, and it has been through this platform that this great number of Venezuelans have been able to feed our families. But today, the regime is in a frank intervention of the banks that detect in the processes of change for the benefit of Venezuelans. They have already closed numerous current accounts in Banesco, Mercantil and Provincial for that reason; that is why today, those who are in charge of the change of currency for Venezuelans in steemit, are wary and tread carefully not to be caught.
did you read the related post? :)
Of course, my friend, but I was interested in making it clear that the inflation rates as depicted by the agents of the State do not correspond to reality. A respectable statistic would be to say for certain that inflation in Venezuela is around 100,000.00%.
I have heard fools say, for the first time in my life that I have had two million in my bank account, imbeciles, blindfolded people who, as of June, with the new monetary cone (if it were applied), would be slapped in the face for the ignorance they have accumulated.