In Venezuela the economy is in so bad shape, people have started to decorate their Christmas tree with bills!
The explanation is that in this country, the government implemented a currency control scheme years ago, so they are the ones deciding who has access to other currencies at the “official”price, everyone else has to access them in the black market, at which rate the minimum wage would be something like 5 dollars per month!
The result of this and much other policies I will discuss later is clear, a total collapse in the economy and the destruction of the purchasing power of regular citizens.
Is cheaper to use bills than to buy actual Christmas decorations. Soon the same will happen with things like toilet paper and you will see a lot of jokes when that happen.
Mark my words
