Inflationary effects of the Digital Bolivar

La economía venezolana ha navegado en aguas profundas, con un barco muy pequeño y las grandes olas lo hacen balancearse a punto de hundirse por completo, el estado venezolano ha tomado una nueva medida económica, que consistió en eliminar, seis ceros a la moneda para ilustrárselos les doy un ejemplo, si usted posee en la entidad bancaria un millón de bolívares (bs. 1.000.000), con la entrada en vigencia del llamado bolívar digital, usted tan solo posee un bolívar (bs.1) otro ejemplo en Venezuela la moneda hive equivalía antes de la implantación del bolívar digital por una unida (1) recibía, tres millones ciento cincuenta mil (bs. 3.150.000) y ahora recibo por un (1) hive (bs 3.15)

How much has varied after the entry into force of the new economic measure called digital bolivar, to the truth, practically nothing a few small percentage points of 1 or 2 percent of the value it had, it remains stable, one (1) American dollar in Venezuela is quoted at 4.09 bolivars and previously it was quoted or hovered around 4. 2 bolivars for each US dollar, which means that it has maintained stability, and many specialists predicted a rise to 5.00 bolivars for each US dollar, which has not happened so far.

The purchasing power of Venezuelans, although it is very low compared to the income of other Latin American countries and especially in Europe and the United States, I will focus on whether there was a reduction in purchasing power compared to November of this year when the new monetary cone had not entered into force, I do not notice that it has triggered an extra inflation to which we were already living. On another subject, I am very happy for the rise of our main currency of this platform, the hive, which makes the monetization of content in my country more lucrative and has a direct impact on the purchasing power of many Venezuelans who work for this great hive.