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Venezuela continues to repeat the mistakes of other failed states as its currency comes dangerously close to all-out hyperinflation, as has happened in Zimbabwe and Weimar Republic Germany. via the UK Independent : Inflation inVenezuelais expected to reach 720 per cent this year, with the largest bolivar bill now worth just five US cents on the black market. Some shopkeepers have reportedly taken to weighing rather than counting the wads of cash customers hand them, and standard-size wallets have become all but useless in thesocialist South Americanstate. Instead, many people stuff huge volumes of cash into handbags, money belts, or backpacks, in scenes analysts have said are suggestive of runaway inflation.  When they start weighing cash, its a sign of runaway ขายส่ง กระเป๋า แฟชั่น ราคา ถูก inflation, he said. But Venezuelans dont know just how bad it is because the government refuses to publish figures. For several years now, President Maduro opted to continue printing more and more cash as a means of dealing with the oil crisis and the collapsing value of the bolivar, and as a result, the money just isnt worth much at all. The printing press simply cannot save the country from a death spiral, but it doesnt mean Maduro is prepared to let go of power. He has maintained that Venezuelas problems are due to economic warfare being waged by the United States to topple the oil-rich socialist regime. Bremmer Rodrigues, who runs a bakery on the outskirts of Caracas, said his family are at a loss over what to do with their bags of bills. Its a mountain of cash, every day more and more.  The shrinking value of the currency has meant that withdrawing the equivalent of 5 from an ATM produces a fistful of more than 100 bills.
For the original version including any supplementary images or video, visit http://www.zerohedge.com/news/2016-12-01/venezuela-braces-hyperinflation-merchants-weigh-mountains-cash-instead-counting-it
And I dont think there is some secret." Established shop owners often buy directly from individuals looking to sell a private collection. Dont invest tons of money at first. Like with any indie venture, its a good idea to start small and keep your expectations realistic. Dropping tons of cash on inventory might feel exciting, but it could take a while to recoup those losses when a shop is brand new. "It took about six months to find a steady customer base, which was longer than I thought," says Lee. Most vintage sellers began selling from personal collections, which let them feel out the business without having to spend a lot. "My collection was so big and I wasnt wearing all of it," McNulty says. "So it generated its own capital in the beginning, and there wasnt that much investment." Treat your garments right.
For the original version including any supplementary images or video, visit https://shopping.yahoo.com/news/beginner-guide-starting-online-vintage-160201958.html
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