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money failed so hard in Venezuela

the government then restarted everything and created new but the same money.

Does people believe this shit and continue to use Venezuela’s government money, if yes then why?

They don't believe in them but they still use it because it is the "legal" money in course BUT we actually more the USD, is common to see the things priced in USD in all of the shops

In some borders you can pay with Colombian peso or with Real (Brazilia)

So you can choose to pay with bolivars or USD or other currencies, some shops do even accept usdt

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Discussion

redsun 1y ago

Also can you freely exchange usd to goods or do you need always use bolivars?

but cant they just prohibit to exchange to

usd or just make an artificial course that not will have an artificial high spread between buy and sell to make holding usd unprofitable

Malos10 1y ago

We can use USD to buy goods normaly

That thing you said already happened years ago but is fixed now

curt finch 1y ago

when priced in USD is there still inflation?

Malos10 1y ago

It has stabilized a lot! Is lower in comparation to other years but we still have it