Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report

Why are so many people protesting?

Oct 22, 2019

Latest Episodes

Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report

Brexit déjà vu

Oct 21, 2019
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Tech
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace
Download
HTML Embed
HTML EMBED
Click to Copy
Corner Office from Marketplace
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report

Bitcoin offers stability in Venezuela’s shaky economy

Kai Ryssdal, Bennett Purser, and Liz Sanchez Mar 4, 2019
Share Now on:
HTML EMBED:
COPY
Dan Kitwood/Getty Images

Venezuela was once one of the wealthiest economies in South America. Today, that economy is in shambles. Venezuelans are facing colossal inflation rates — rising to more than 1 million percent last year — which makes it nearly impossible for people to afford the cost of living. A Venezuelan economist, Carlos Hernandez, has found a temporary solution in bitcoin’s speculative transaction system. Hernandez said that with bitcoin, he can “trade with anyone in Venezuela,” and transact online. He spoke with Marketplace host Kai Ryssdal about how hard it is to buy even something as simple as a carton of milk:

The first step would be to change my stash of bitcoins to bolívars. I would go to this page where I would exchange it, find the seller that uses the same bank, so that transaction happens immediately. And then I get the bolívars. And then the other step is finding the milk, which is actually the hard part of the process.

Click the audio player above to hear the full interview.

If you’re a member of your local public radio station, we thank you — because your support helps those stations keep programs like Marketplace on the air.  But for Marketplace to continue to grow, we need additional investment from those who care most about what we do: superfans like you.

Your donation — as little as $5 — helps us create more content that matters to you and your community, and to reach more people where they are – whether that’s radio, podcasts or online.

When you contribute directly to Marketplace, you become a partner in that mission: someone who understands that when we all get smarter, everybody wins.

Check Your Balance ™️
Check Your Balance ™️
Personal finance from Marketplace. Where the economy, your personal life and money meet.

Thank you to all the donors who made our fall drive a success!

It’s Investors like you that keep Marketplace going strong!