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Hyperinflation Pushes Venezuela to Print 1,000,000-Bolivar Bills
Posted on 3/7/21 at 5:48 pm
Posted on 3/7/21 at 5:48 pm
quote:
(Bloomberg) -- Venezuela said it will introduce new large-denomination bolivar notes as hyperinflation renders most bills worthless, forcing citizens to turn to the U.S. dollar for everyday transactions.
The country’s central bank posted a statement on its website Friday saying it would begin circulating the new 200,000, 500,000 and 1,000,000 bills to “fulfill the current economy’s requirements” without providing further details. The 1,000,000 note -- the largest in the nation’s history -- is worth only $0.53 cents.
LINK
This post was edited on 3/7/21 at 6:35 pm
13
Posted on 3/7/21 at 5:51 pm to cajunangelle
Coming soon to America
Posted on 3/7/21 at 5:51 pm to cajunangelle
Get some
Posted on 3/7/21 at 5:51 pm to cajunangelle
Thank goodness OPEC requires dollars for oil, that’s all I say!
Posted on 3/7/21 at 5:52 pm to cajunangelle
Those will be valuable collectors items some day. Zimbabwe's money too.
Hey, Confederate money is now often worth a lot more than its face value as a collectors item.
Hey, Confederate money is now often worth a lot more than its face value as a collectors item.
Posted on 3/7/21 at 5:54 pm to Auburn1968
quote:
Those will be valuable collectors items some day. Zimbabwe's money too.
Got a 5,000 dollar Zim note from a while back. It’s better use would be toilet paper . But still cool
To have
Posted on 3/7/21 at 5:59 pm to BRUNNIN4
quote:Ask any prog filth diehard democrat. They will tell you that it can't happen in America; and they have no idea how quickly the first bank run could happen.
Coming soon to America
The Cuban and Venezuelans that were for Trump for this very reason of marxism being the democrats and GOPe tried to warn.
This post was edited on 3/7/21 at 6:13 pm
Posted on 3/7/21 at 5:59 pm to cajunangelle
Which begs the question, how long before we can wipe our asses with $100.00 bills?
Posted on 3/7/21 at 6:02 pm to cajunangelle
Not only that, they will tell you how it’s America’s fault these nations failed 
Posted on 3/7/21 at 6:05 pm to cajunangelle
Posted on 3/7/21 at 6:06 pm to cajunangelle
How many Schrute bucks is a Bolivar bill worth?
Posted on 3/7/21 at 6:07 pm to cajunangelle
those are rookie numbers
This post was edited on 3/7/21 at 6:08 pm
Posted on 3/7/21 at 6:07 pm to fr33manator
We must all move
Posted on 3/7/21 at 6:12 pm to cajunangelle
Used to take 70,000 lira taxi rides in Milan and Rome.
Spent a lot of time in Nigeria and the exchange to U.S. dollars was so bad that most places gladly took U.S. dollars. Went from getting $50-$75 dollars exchanged at the airport for a shoebox full of Naira to a trash bag full of Naira in just a few years. Totally out of hand and a complete obstruction to commerce.
Spent a lot of time in Nigeria and the exchange to U.S. dollars was so bad that most places gladly took U.S. dollars. Went from getting $50-$75 dollars exchanged at the airport for a shoebox full of Naira to a trash bag full of Naira in just a few years. Totally out of hand and a complete obstruction to commerce.
Posted on 3/7/21 at 6:14 pm to cajunangelle
quote:
The 1,000,000 note -- the largest in the nation’s history -- is worth only $0.53 cents.
Fity Cent would be proud.
This post was edited on 3/7/21 at 6:15 pm
Posted on 3/7/21 at 6:17 pm to TigerOnTheMountain
quote:This is the truth. The cognitively impaired imbeciles that are offended with America first: learned this in the communist confucius institutes on American college campus.
Not only that, they will tell you how it’s America’s fault these nations failed
They know what is best for everybody, they are smarter then deplorable smelly WalMart shoppers.
Posted on 3/7/21 at 6:23 pm to TigerOnTheMountain
Nigerian scammers got millions in unemployment money
But weekend warrior soldiers have to suffer on reservist pay, on cold floors, with shitty food. All to protect King numbnuts and Queen Cackle Laugh.
But weekend warrior soldiers have to suffer on reservist pay, on cold floors, with shitty food. All to protect King numbnuts and Queen Cackle Laugh.
Posted on 3/7/21 at 6:27 pm to La Place Mike
quote:
Which begs the question, how long before we can wipe our asses with $100.00 bills?
Wait, you don’t do that already?
Posted on 3/7/21 at 6:30 pm to cajunangelle
If you’ve seen the sequel, they’ve made certain woke changes in Zamunda that will certainly lead to decline there as well.
Posted on 3/7/21 at 9:05 pm to cajunangelle
We are lining up for this crazy life with these loons in office.
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