Venezuelans Are Paying a 100% Premium for Cash
It’s yet another frustration of living in an imploding economy.
A bus driver counts bolivar banknotes in Caracas.
Photographer: Wil Riera/Bloomberg
This article is for subscribers only.
Editor’s Note: There are few places as chaotic or dangerous as Venezuela. “Life in Caracas” is a new series of short stories that seeks to capture the surreal quality of living in a land in total disarray.
My most recent order arrived by motorcycle, a loaded, black trash bag tossed my way. “This is what’s available,” the courier said gruffly before zooming off. I nodded. There’s no begging in the bolivar business.