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RE: The collapse of the Venezuelan currency
The same is happening in every country in the world, just at different rates of destruction. The Venezuela government is just further along the road than others. Cheers
Well. The USD or EUR are a long way to go. Just look the graphic.
In order to keep the prices with the inflation, many goods are priced in USD (but paid in local currency). However the salaries are not. The basic food basket, is more than 100USD, per month. The prices of food are in international levels, but in many cases, you do not find the goods, so you have to paid higher prices. The wages are very low. A monthly salary of 50USD, is considered good for the current standards. But it does not cover even the food. This is one aspect of the tragedy that Venezuelans are facing.
Are you living in Venezuela @nenio?
Yes.