Venezuela, a failing socialist state, has gifted its people with the sixth minimum wage hike in one year. The 150% increase last week won’t help too much because inflation is up to 1.7 million percent.
Yes, you read that correctly.
Minimum wage hikes don’t help when your currency isn’t worth the cost of the paper it’s printed on. That’s literally true in Venezuela, which has tried switching to an even more worthless cryptocurrency.
Forget the #Fightfor15, in Venezuela it’s a fight to afford basic food supplies or even a cup of coffee.
The cost of a cup of coffee rose 285614% in a year and doubled in seven days. Under the new currency, you can grab a cup of the good stuff for 400 bolivars. Too bad that the minimum wage is 4,800 bolivars and 90% of the population is impoverished. It isn’t looking to buy a cup of coffee, but is starving because it can’t actually buy food. Alternatives have included eating zoo animals, pets and wild donkeys.
“Juntos: todo es possible”, the Obamaesque slogan of the regime declaring, “Together, anything is possible”, looms over a frightened starving population from billboards decorated with socialist icons.
The trouble is that anything really is possible. It’s possible to starve to death, to sit in the dark because there’s no power, to be unable to go to work because there’s no fuel, to be killed in food riots by government thugs, to have your savings wiped out, or to die of a treatable illness because there’s no medicine. Socialism has made “anything” possible in Venezuela. But all the possibilities are horrifying.
The regime’s other election slogan was, “Vamos Venezuela”. And Venezuelans are going.
10% of the population has fled Venezuela escaping through Simon Bolivar Airport, which has no water, no working toilets, no air conditioning and barely any power, where government thugs demand money and jewelry from passengers, or just marching on foot to escape the socialist mess any way they can.
Those Venezuelans who remain can’t find medicine, lack drinking water and can’t even afford to die.
The death rate in Venezuela is high. Between gang violence, outbreaks of disease and food riots, the corpses are piling up, and no one can afford to bury the dead.
Two years ago, a public cemetery charged 240,000 bolivars for a burial, while private cemeteries charged 400,000. The casket alone could cost 100,000 bolivars. Not that it matters because caskets have become hard to obtain due to shortages of wood and metal.
The number of zeroes may have changed with the new currency, but has become no more affordable.
Meanwhile, cemeteries, like every business, have seen employees vanish to wait on food lines or work in the black market, which means that not only can’t you bury the dead, but there’s no one to do the burying. Not only did socialism force Venezuelans to wait on line to buy food to live, they also had to wait on line after they were dead. Socialism is defined by the line. You are born into it and die on line.
After funerals became unaffordable, Venezuelans settled for cremating the dead. But the iron law of supply and demand quickly fell into place. As demand for cremation increased, so did the cost.
It wasn’t just the cost of a cup of coffee that doubled in a week: the cost of cremation rose 108%.
Read the full story from Front Page Mag
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