In America, famous people like Michael Moore and Sean Penn will tell you how much the U.S. needs to adopt Venezuela’s political/economic system.
Unfortunately for them there is this thing called the media and they keep track of Venezuela’s dire situation. Their economy is in a massive inflation spike. If you want to buy a iPhone 6, get ready to pay. Courtesy of Bloomberg:
Apple Inc.’s iPhone 6 sells for about 300,000 bolivars ($47,678) at local e-commerce site Mercado Libre, about 41 times the country’s minimum monthly wage of 7,325 bolivars.