Surviving Inflation: How Venezuelans Cope in a Dollarized Economy

For a country with a troubled relationship with the United States, you might be surprised to learn that Venezuela uses the U.S. dollar for more than 70 percent of all retail transactions. Dollarization helped stabilize Venezuela’s economy. But as Stephen Gibbs tells us from Caracas, not everyone is benefiting.   Watch CGTN LIVE on your computer, tablet or mobile https://cgtnamerica.vhx.tv/videos/hd-... Subscribe to CGTN America on YouTube Follow CGTN America: Twitter: @cgtnamerica Facebook: @cgtnamerica Instagram: @cgtnamerica TikTok: @newstoks This material is distributed by MediaLinks TV, LLC on behalf of CCTV. Additional information is available at the Department of Justice, Washington, D.C.