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Venezuela's currency is now so worthless that people are using it as napkins
Business Insider ^
| August 18, 2015
| Mike Bird
Posted on 08/18/2015 3:22:24 AM PDT by Zakeet
Theres an image going round that sums up just how ridiculous Venezuelas economy has become.
A Reddit user uploaded a picture on Monday of a man using a 2 bolivar note to hold an empanada.
According to Venezuelas official bolivar-dollar exchange rate, the man using his money as a napkin is wasting about $US0.31 (£0.20).
But on the black market, the reality is completely different. You can get 676.88 bolivars to the dollar, according to dolartoday.com. That means holding food with a 2 bolivar note costs the holder less than a third of one US cent.
(Excerpt) Read more at businessinsider.com.au ...
TOPICS: Business/Economy; Constitution/Conservatism; News/Current Events
KEYWORDS: economy; hyperinflation; socialism; venezuela; venezuelacrisis; venezuelacurrency; venezuelainflation
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... socialism ... Obamanomics ... works the same ... every time!
1
posted on
08/18/2015 3:22:25 AM PDT
by
Zakeet
To: Zakeet
Venezuela needs Bernie Sanders.
To: Zakeet
What do they need napkins for?
To wipe the **** off their face?
3
posted on
08/18/2015 3:28:47 AM PDT
by
mylife
(The Roar Of The Masses Could Be Farts)
To: Zakeet
Nice supermarket there. Yikes.
4
posted on
08/18/2015 3:36:21 AM PDT
by
SaveFerris
(Be a blessing to a stranger today for some have entertained angels unaware)
To: Zakeet
"Venezuela's currency is now so worthless that people are using it as napkins..."
Which should solve their toilet paper shortage....
5
posted on
08/18/2015 3:45:43 AM PDT
by
Psalm 73
("Gentlemen, you can't fight in here - this is the War Room".)
To: Zakeet
But, but if EVERYONE were socialist, this wouldn’t be happening. —B Obama (or Sanders)
To: Zakeet
Part of me has compassion for them. This has got to be distressing to the max.
But the other part of me says they voted for this, and need to eat the meal they cooked for themselves.
7
posted on
08/18/2015 4:52:47 AM PDT
by
lurk
To: Zakeet
Chavez’ daughter is richest woman in the country with $4 billion. That’s a whole lot of napkins.
To: Zakeet
But at least everyone’s equal.. Well, except for Hugo Chavez's daughter, who reportedly has the equivalent of >$4billion.
To: Zakeet
He’s holding food with paper money that has been in circulation, I would not do that, currency is filthy.
10
posted on
08/18/2015 5:00:19 AM PDT
by
Graybeard58
(ThereÂ’s a race war already raging, I didnÂ’t start it but I have chosen sides.)
To: Graybeard58
Hes holding food with paper money that has been in circulation, I would not do that, currency is filthy. Exactly what I was thinking.
11
posted on
08/18/2015 5:03:39 AM PDT
by
TangoLimaSierra
(To win the country back, we need to be as mean as the libs say we are.)
To: Zakeet
ahhh yes... the concentrated blessings of socialism or is it Sanderism
12
posted on
08/18/2015 5:08:24 AM PDT
by
Chode
(Stand UP and Be Counted, or line up and be numbered - *DTOM* -w- NO Pity for the LAZY)
To: Zakeet
In what part of Caracas does Sean Penn live?
13
posted on
08/18/2015 5:50:19 AM PDT
by
MCF
(If my home can't be my Castle, then it will be my Alamo.)
To: mylife
Toilet papter currency, skid mark currency.
To: Zakeet
Just another example of the superiority of the socialist economic system!
15
posted on
08/18/2015 6:06:41 AM PDT
by
Rummyfan
(Let us now try liberty)
To: mylife
What do they need napkins for? To wipe the **** off their face? No to wipe the other end as they're out of toilet paper.
16
posted on
08/18/2015 6:07:30 AM PDT
by
Rummyfan
(Let us now try liberty)
To: Zakeet
As joked about on The Beverly Hillbillies five decades ago.
To: Zakeet
Maybe the daughter of the socialist pig hugo chavez could help out her countrymen with some of her stolen $2,000,000,000.00 (US) that she has. She loved socialism.
18
posted on
08/18/2015 6:15:36 AM PDT
by
hal ogen
(First Amendment or Reeducation Camp?)
To: Zakeet
Money is a capitalist tool. Workers unite for a greater utopian state! /s
19
posted on
08/18/2015 6:17:23 AM PDT
by
P.O.E.
(Pray for America)
To: Zakeet
20
posted on
08/18/2015 6:44:37 AM PDT
by
HotHunt
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