It's still possible to buy a gleaming Ford truck in
Venezuela, rent a chic apartment in Caracas, and snag an American Airlines
flight to Miami. Just not in the country's official currency. As the South
American nation spirals into economic chaos, an increasing number of products
are not only figuratively out of the reach of average consumers, but literally
cannot be purchased in Venezuelan bolivars, which fell into a tailspin on the
black market last week. Businesses and individuals are turning to dollars even
as the anti-American rhetoric of the socialist administration grows more
strident. It's a shift that's allowing parts of the economy to limp along
despite a cash crunch and the world's highest inflation. But it could put some
goods further out of reach of the working class, whose well-being has been the
focal point of the country's 16-year-old socialist revolution. More…
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