In mid-December, the Venezuelan government surprised its citizens by withdrawing from circulation the 100-bolívar note, its largest and most used bill, with only 72 hours’ warning. Here’s what happened next.
Venezuela is suffering from the ravages of hyperinflation. Alas, the word “hyperinflation” is thrown around carelessly and misused frequently in the press. Indeed, the debasement of language in the popular press has gone to such lengths that the word “hyperinflation” has almost lost its meaning.
#TheCube | "Hyperinflation is too great for families to feed themselves."
Amid a political crisis and growing economic collapse, what is hyperinflation like for Venezuelans? The Cube reached out to social media users who told their stories through receipts.