Posted on 02/26/2018 5:08:09 AM PST by C19fan
A family of Venezuelan immigrants to Colombia are repurposing their worthless bolivars into origami-made paper wallets, belts and even purses as the currency plunges further in value amid four-digit inflation.
Each collector item produced by Richard Segovia fetches between $10 and $15 — a huge markup from the pennies that bolivars retrieve on Venezuela's black market.
(Excerpt) Read more at foxnews.com ...
” Zimbabwe $100 trillion bank notes now go for $100 a note on ebay. “
I got a $10 billion note for $2. delivered.
There is massive increase in prices as you hit the trillions.
So Venezuela is officially beyond Weimar Republic standards?
Worthless paper is worthless paper, at least this guy found a way to make some real money with it. Good for him.
Very nice bit of ‘money’ art.
http://www.sylvialiuland.com/2013/02/my-mom-is-so-creative.html
” ...Zimbabwe used to have a Z$100,000,000,000,000 note - one hundred trillion Zimbabwean dollars.
The note, along with previous hyper-inflated denominations including Z$10,000,000,000,000 (ten trillion) and $1,000,000,000,000 (one trillion), could be exchanged for U.S. dollars until the end of April 2016, but it was worth only about $0.40. It is fetching significant higher prices as a novelty item on websites such as eBay.”
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