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Spending Life Savings to Buy Diapers: Surviving Venezuela’s Hyperinflation (Episode 1)
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In this maiden episode of TakaTalks, we look into the profound effects of inflation on a personal, community, and national level. Our guest, Maikel Ordaz, brings a wealth of experience as a Web3/Smart Contract Developer at Takadao. However, Maikel’s story goes far beyond his professional achievements. For the past 19 years, he has served as a volunteer firefighter👨🏻🚒, exemplifying his unwavering dedication to the well-being of his community. 💪🏼
Hailing from Venezuela 🇻🇪, Maikel sheds light on the country’s difficult economic landscape, ravaged by rampant inflation. As a husband and father to a young son, he intimately understands the far-reaching implications of hyperinflation, not just on his own life but also on the lives of countless others. We explore Maikel’s first-hand experiences of navigating an inflation-ridden economy. Together, we uncover the complexities, challenges, and extraordinary resilience of the Venezuelan people in the face of economic adversity.
This episode shows how inflation disrupts daily life, impacts the community, and shapes the broader economy. 🙌🏼
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