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Economics

Hyperinflation Left Me Broke in Caracas

It’s banking madness in Venezuela, where something as simple as a fast-food meal can cost 20 million bolivars.

Venezuela's Bolivarian National Guard (GNB) Take Control Of Local Markets
Photographer: Carlos Becerra/Bloomberg

Editor’s Note: There are few places as chaotic or dangerous as Venezuela. “Life in Caracas” is a series of short stories that seeks to capture the surreal quality of living in a land in total disarray.

I was mesmerized as the cashier at Burger King ran my friend’s debit card.