))
Venezuela’s Dollar Dilemma: The Exchange Rate Crisis Deepens
Manage episode 445117177 series 3564321
Content provided by Simply News. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Simply News or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
In this episode, we examine the alarming 27% gap between official and parallel dollar exchange rates in Venezuela, a situation that is fueling inflation and public unrest. As consumers resist paying the parallel rate, merchants find themselves in a precarious position, caught between government regulations and rising prices. We delve into the human impact of these economic challenges and explore the grassroots movements emerging in response. Join us on Simply Economics for a deep dive into Venezuela's complex economic landscape and the lessons it offers to other nations facing similar struggles.
Sources:
https://elpais.com/america/2024-10-14/la-brecha-cambiaria-con-el-dolar-se-dispara-en-venezuela-y-enfrenta-a-clientes-y-comerciantes.html
https://polemon.mx/amlo-dejo-a-sheinbaum-economia-al-alza-e-inflacion-a-la-baja/
Outline:
(00:00:00) Introduction
(00:00:38) The exchange gap with the dollar shoots in Venezuela and faces customers and merchants
(00:02:54) AMLO left Sheinbaum economy and downward inflation
…
continue reading
Sources:
https://elpais.com/america/2024-10-14/la-brecha-cambiaria-con-el-dolar-se-dispara-en-venezuela-y-enfrenta-a-clientes-y-comerciantes.html
https://polemon.mx/amlo-dejo-a-sheinbaum-economia-al-alza-e-inflacion-a-la-baja/
Outline:
(00:00:00) Introduction
(00:00:38) The exchange gap with the dollar shoots in Venezuela and faces customers and merchants
(00:02:54) AMLO left Sheinbaum economy and downward inflation
100 episodes
Share
