by Simon Black
By 2014, inflation was at 50% in Venezuela.
Just paying the bill at a restaurant now required a thick stack of cash.
When that happened, some people simply tightened their belts and stopped going out to eat. Others saw this as a warning sign to look for another, more stable country.
Then in 2015, supermarkets started facing shortages.
So in order to get the groceries they needed, people started lining up outside of stores from early in the morning.