'Get a boat!' Venezuela flights booked full for months

[Bacchus4.0]

http://ca.news.yahoo.com/boat-venezuela-flights-booked-full-months-141950761.html

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Flights are booked solid months in advance, not from a new interest in exotic destinations but because locals are profiting from a play on the nation's tightly controlled currency market.

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There are strict limits on the availability of dollars at the 6.3 rate, but Venezuelans are cashing in on a special currency provision for travelers. With a valid airline ticket, Venezuelans may exchange up to $3,000 at the government rate.

Some are not even flying, leaving many planes half empty.

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Credit cards are used abroad to get a cash advance -- rather than buying merchandise. The dollars are then carried back into Venezuela and sold on the black market for some seven times the original exchange rate.

[Aristus]

1. And people were anxious that Venezuela was a socialist country...

That's capitalism right there. Capitalism at its best, (or worst, which is probably the same thing...)

[Bacchus4.0]

2. it is a situation created by the government for sure n/t

s

[davidpdx]

3. No, no, no, they are US Dollars

It has to be the fault of the United States