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32 sats \ 4 replies \ @Akg10s33 25 Sep \ on: Who has personally experienced hyper inflation? bitcoin
Hello, this is a migrant who has been living in Lima, Peru for 7 years. What country do I come from? That small country in the north of South America where there are millions of dollars in oil reserves under its soil and an endless number of other resources!! that would make it the most dynamic and wealthy economy in the South... But with the misfortune that fell on SOCIALISM... that if I have lived through hyperinflation of course I have... among an endless number of stories that I could transmit there is one in which I spent 5 continuous days queuing or lining up as you want to call it... outside a supermarket in search of being able to get diapers for my son who at that time was small... why did I do that because hyperinflation ended my purchasing power... because what I earned was not enough for anything... and that after waiting so long night and day when we were supposedly going to access the supermarket one of the state police simply put another person in line who was not in lineš”... who only arrived and paid that policeman and he arbitrarily put that person in front of me... for me it was humiliating!! and of course it has left marks on my mind and behavior that 7 years later I have improved... but that are still in my memory... the hyperinflation is so much in that country that its currency has been devalued in the last 20 years more than 10 times... and at present what circulates is the black or parallel dollar... for 80% of their transactions and to refer to an example, poor elderly people are paid a pittance in Bolivars and when they go to a pharmacy the medications are billed in DOLLARS... a real mockery of those poor people... hyperinflation ended their ability to buy their medications and their ability to live with dignity...
the sad part is socialism has these lofty goals and it ends up creating the most disgusting, soul-sucking economies.
how are things in Lima now? are you able to stack much?
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Hello, the truth is that things in the capital of Peru are not all that good right now... in my opinion one of the main problems is the absence of a president... of a leader who can truly take charge of the country... there is a president but she does absolutely nothing... crime is rampant and taking over the country... and there is no response from the government... among other problems... economically it remains stable and in my case I allow myself to buy some sats with great effort every two weeks! and well while I comment and take advantage of the good information that you publish here on S.Nš
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that sucks man, would you be able to move to another Latin American country if shit hit the fan there?
i like to have interesting conversations here with people, i dont know how useful it is, but if you can stack something while having a conversation, it's not bad i think lol
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Well, from here in the south, no country attracts my attention anymore! If I had to make a decision of that magnitude, I think I would go to Costa Rica. I have several cousins who have been living there for several years now. They already have jobs and are stable!
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