This week, Venezuela started issuing new bills in the country to keep up with inflation. The Venezuelan government reports that the country’s inflation rate is currently at 186 percent.
Marketplace host Kai Ryssdal talked to Scott Tong, Marketplace’s sustainability correspondent, on what the high inflation rate actually looks like on the ground.
Click the audio player above to listen to their conversation.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.