A kilogram of carrots is pictured next to 3,000,000 bolivars, its price and the equivalent of 0.46 USD, at a mini-market in Caracas, Venezuela August 16, 2018. It was the going price at an informal market in the low-income neighborhood of Catia.
Millions of Venezuelans sought emergency assistance and attempted to flee the country after inflation hit 82,700 percent in July. Venezuelans who are without a bank account are forced to carry stacks of cash. Many rushed to supermarkets to stock up on as many resources as possible to prepare themselves for another currency decrease in value. Resources in Venezuela are scarce and a majority of families are left hungry with no solution from the government. Basic necessity items such as a roll of toilet paper or a block of cheese now require an abundant amount of cash that is challenging to acquire.