Venezuelans Deal with Inflation by Bartering on Smartphones

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Venezuela's economy has plunged with the price of the crude oil exports, and its people have reverted to bartering whatever they have on WhatsApp, Facebook and Instagram. With food and toiletries in ever shorter supply, their smartphones are helping them survive. A kilo of pasta gets you a packet of diapers. A bag of flour buys a bottle of shampoo.

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