Prices are skyrocketing in Venezuela

Discussion in 'Markets & Economies' started by TreasureHunter, Oct 7, 2014.

  1. TreasureHunter

    TreasureHunter Well-Known Member

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  2. dccpa

    dccpa Active Member

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    Like Argentina, Venezuela has a government exchange rate and a real (black market) dollar rate. Only true comparison is the boliver prices at the black market USD exchange rate. The sweet potatoes converted to the black market rate would be about $1.20USD not $19.05. Lies, damn lies and statistics.
     

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