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Re: Venezuelans Give Up on Counting Piles of Cash and Start Weighing Them  

By: nacl01 in POPE IV | Recommend this post (1)
Mon, 31 Oct 16 11:51 PM | 59 view(s)
Boardmark this board | POPES NEW and Improved Real Board 		Msg. 12971 of 47202
(This msg. is a reply to 12966 by ribit)
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I heard on NPR that their largest denomination bill is worth about $0.08US. But, that was this morning.

nacl

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The above is a reply to the following message:
Venezuelans Give Up on Counting Piles of Cash and Start Weighing Them
By: ribit in POPE IV
Mon, 31 Oct 16 10:50 PM 		Msg. 12966 of 47202

Venezuelans Give Up on Counting Piles of Cash and Start Weighing Them

“When they start weighing cash, it’s a sign of runaway inflation,” said Jesus Casique, financial director of Capital Market Finance, a consulting firm. “But Venezuelans don’t know just how bad it is because the government refuses to publish figures.”

http://www.bloomberg.com/news/articles/2016-10-31/tired-of-counting-piles-of-cash-venezuelans-start-weighing-them

...they ain't gots no inflation and we don't gots no inflation neither.

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