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RE: Understanding inflation on a day-to-day basis - Part One

in Project HOPE5 years ago

you mean you keeping earning how much ever bolivars it's worthless!!

I am afraid this situation may be in for India too...once Dollar crisis sets in...you know what I mean.

The rich ironically get effected.

Sad for Venezuleans... so much suffering these days can't help but feel a bit fortunate but even then what a horrible world this is becoming to live and survive!!

Shudders!!

You have explained the concept of currency inflation really beautifully, btw!!

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Thanks for your comment @mintylile
Yeah, I know what you mean about the dollar crisis...
It's up to us to prepare for more difficult times, surely