August 8, 2024

No Change in Dollars: a New Challenge for Venezuelans

Courtesy of Caracas Chronicles

“One dollar, one dollar!” Carlos Sifontes yells at the top of his lungs while he goes through San Jacinto, in downtown Caracas, hauling a cart with Corn Flakes and Frosted Flakes cereal boxes piled on top of each other. A group of people come up to him and ask him “what’s your exchange rate?” to which Mr. Sifontes answers: “Thirteen hundred (bolivars per dollar), for now.” One of the girls offers him 100 bolivars below the price and he rejects the bid, saying that “one dollar is money, but with 1,200,000 bolivars you can’t even get a coffee.” By Génesis Carrero Soto. Full Text -> CaracasChronicles

Translation/ Traducción