Chavismo created 100,000,000,000,000 bolívares. Here's what that means
One hundred trillion – cien billones criollos – is confusing. It's the kind of number so crazy you can't quite picture it. We gave it a try.
Economy
Venezuelan Banks Stare into the Abyss
Hyperinflation is like a tsunami destroying everything in its wake. The banking system could be next, and it's not even in the top-3 bad things to happen to the economy this week.
Maduro's Premined Crypto: A Petro Explainer
The government keeps hushing information about the Petro. From what we do know, it’s just too similar to one of the many ways the nation has been robbed before.
The Limits of Chavismo’s Strategy
Chavismo spent 20 years making people dependent on Papá Gobierno, then it ran out of money. How does loyalty work in times of hunger?
Of Fear & Hope: Embracing the Carnet de la Patria
Chavismo is advancing firmly in its plan to control what people eat, regardless of their actual needs. The Carnet is back, and many are learning to love it.
Surprise! They helped people loot, now there's no food
Last week, the government forced supermarkets to sell out their stocks at huge discounts. Now those shelves are empty and you can forget about restocks.
Angel Alvarado: A government that couldn't manage one currency won't be able to manage two
In a wide-ranging interview, Angel Alvarado shines a light on how opposition parliamentarians think about the economic cataclysm Venezuela faces.
Investing on risk: Are cryptocurrencies a safe bet in Venezuela?
Cryptocurrencies are more popular than ever, everywhere, but what does it mean to buy digital money in a country where the official currency is decomposing fast?
Taking Apart a False Dichotomy: Diversification
In Venezuela Energética, López and Baquero propose something that was almost anathema: what if we exploit oil AND also produce other things?
Transitioning to a Clean Power Grid
Can grid decarbonization really go hand-in-hand with a strategy to increase oil production? In Leopoldo López and Gustavo Baquero’s vision, the answer is an enthusiastic ‘Yes.’
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