Some Venezuelans have Created Their Own Gold Standard

Venezuelans have been ravaged by hyperinflation for years now, and their economy has been destroyed by it. This has put many Venezuelans into the position to look for alternative stores of value and mediums of exchange. While the solution differs from region to region, one area has done something nobody thought the world would ever see again. They are now on a gold standard again - with physical gold being traded for goods and services, and prices being denominated in grams of gold.

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