When $175 Million Can't Buy Bread

Cam Daily Short 4 months ago

Description

It's hard to visualize the sheer scale of the financial devastation in Venezuela, but looking at the country's currency puts it into perspective. In 1970, 1 million Venezuelan Bolivars was worth roughly $250,000. Today? 700 million Bolivars in banknotes won't even buy you a single loaf of bread.