This is because of the government's
complicated and convoluted exchange rate controls, which I won't explain here,
because a) I don't really understand them myself, and b) there are plenty of
articles elsewhere written by people who actually know what they're talking
about. What I do want to do here, however, is help my country's tourism
industry by demonstrating that you can live like a king for an entire month in
Venezuela with just one €100 bank note (about $115) thanks to these strange and
confusing economic controls. If you're a local earning local money, life is
tough—very basic supplies like toilet paper are in extraordinarily short supply
and you'll have to wait in line for hours just to get your hands on them. If
you're a tourist bringing over foreign currency, on the other hand, the country
is your oyster. More…
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