Comments on: Illustrating Venezuela’s surreal prices http://blogs.reuters.com/photographers-blog/2014/10/02/illustrating-venezuelas-surreal-prices/ What makes a great picture? Thu, 18 Aug 2016 11:13:37 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: joseamorillo http://blogs.reuters.com/photographers-blog/2014/10/02/illustrating-venezuelas-surreal-prices/comment-page-1/#comment-356819 Sun, 05 Oct 2014 22:14:16 +0000 http://blogs.reuters.com/photographers-blog/?p=49416#comment-356819 This is not 100% accurate, you are using an exchange rate of 6,30 Bs/$ for all the products, but most of the prices of the items listed are calculated with a rate of 100 Bs/$.

For example 1 kg of “Harina Pan” cost 7,41 Bs (1.18$ or 7 cts$), this occurs with most of the food and medicines, surreal prices that leads to scarcity.

The government subsidize the economy with a super cheap dollar, but that situation is no longer possible to maintain, that situation originated a huge distorsion on prices, inflation and corruption that everybody knows.

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By: fxc http://blogs.reuters.com/photographers-blog/2014/10/02/illustrating-venezuelas-surreal-prices/comment-page-1/#comment-356812 Fri, 03 Oct 2014 18:19:39 +0000 http://blogs.reuters.com/photographers-blog/?p=49416#comment-356812 This is one the things that freaks me out every time I call my family. It would be interesting to use a dollar bill and paint on the blackboard how many gallons of gas you can buy with 1 dollar bill in Venezuela. Some friends I have they don’t quite understand how gas is so cheap in a country where goods prices are way above from any unthinkable price. Thanks for illustrating the reality many people out there in Venezuela still ignores.

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