Hello friends I am 
and my previous post was the corruption with the money in Venezuela And if you ask why withdrawing cash is a problem, it is because due to inflation our old higher denomination ticket is now the lowest denomination; As a solution, the government created a new monetary cone with greater value.
But the amount of new banknotes put into circulation is not enough to supply the Venezuelan population, making cash money scarce. Some Venezuelans take advantage of the fact that cash is scarce and sell it at 20%, taking a profit at the expense of the crisis that Venezuela is going through.
It happened to me that two days ago I wanted to cut my hair and I only took 10,000 BsF (Because this was what it was worth two weeks ago). When I arrived at the hairdresser, they told me that the haircut had already been increased to 20,000 BsF (double) and I needed to get cash to cut my hair. I proceeded to go to an ATM of the bank I used and when the ATMs arrived they were empty and they did not have money, so I had to borrow money from a relative and I could not cut my hair that day.
Which brings us to the next point: The instability of prices
In Venezuela it is impossible to save, since our currency is losing and losing value and if you try to save, what you could buy before with 100 thousand bolivars in a month will cost you 300 thousand bolivars and you end up losing money.
It happened to me that I was gathering to compare myself with new shoes and they had a value of 350 thousand bolivars.
I spent two weeks collecting the money and when I went to buy it they had already raised to 500 thousand bolivars, an increase of 40% in just two weeks.
In a shoe you do not see the importance of this; but when it comes to investing is where we see the problem:
It happened to a friend who owns a liquor store that he invested in 100 boxes of beers and while he was selling them, the price continued to go up (to "not lose money" he also increased the sale price), but at the end of
selling 100 boxes of beer was not enough to be able to buy 100 more, since the price had increased more than he had to invest with everything and profits.
The only way to save is to buy dollars or some other foreign currency.
While the prices continue rising and rising the minimum monthly salary remains very low, now in 450 thousand bolivars is equivalent to only 10.65 $
This obviously is not enough to cover the monthly expenses, leading Venezuelans to look for alternative ways to get money, in ways not so beneficial for the country:
- Reselling of foods at higher prices.
- Sale of cash.
- Contraband gasoline.
Some well-known people "bachaqueras" dedicate themselves to making long lines in the supermarkets to buy the staple products at a regulated price and then resell them at high prices to people who can not make these long lines.
- At the beginning, there is a shortage of cash and it is almost impossible to get cash at ATM. Some people saw "opportunity" in this and started to sell the money in cash, charging 20% commission.
- Contraband of gasoline
In Venezuela the cheapest gasoline in the world is sold, with a price of 0.10 $ per liter.
Many people in the border states spend gas in their cars and take them to Colombia / Brazil and sell them up to $ 1, $ 2 per liter; GENERATING MANY PROFITS, but hurting the country
This contraband gasoline generates large queues at gas stations, causing cars to wait 3.4 hours to fill their fuel tank.
And not only this. There is also a GREAT CRISIS in Venezuelan hospitals. The Venezuelan health system has collapsed in recent years. After the bad management of the government:
There is a shortage of medicines, lack of Medical-Surgical supplies. Sometimes even the water is missing!
Hospital centers have become a door to death and not to life, none has the minimum conditions to ensure the lives of citizens.
Patients in public hospitals must buy their own supplies for surgeries, in the hospital they ask you to take everything: operating gown, syringes, gloves, scalpel, anesthesia, EVERYTHING. Being things that the hospital should already have.
I hope it has helped you to understand the situation we are going through in Venezuela, since it is very difficult to live here, here we survive because of a fasista government and dictator I do not want this kind of situation in your country
