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Venezuela’s Currency Is Now So Worthless That People Are Using It As Napkins
Business Insider ^ | 08/18/15 | Mike Bird

Posted on 08/18/2015 6:26:01 AM PDT by Enlightened1

An image is going round that sums up just how ridiculous Venezuela's 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 Venezuela's official bolivar-dollar exchange rate, the man using his money as a napkin is wasting about $0.31 (£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.

Read more: http://uk.businessinsider.com/venezuelas-currency-is-now-so-worthless-that-people-are-using-it-as-napkins-2015-8#ixzz3jAmKI3sP .

(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; Foreign Affairs
KEYWORDS: currencyworthless; napkins; venezuela
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http://i.imgur.com/ke2Ec47.jpg
1 posted on 08/18/2015 6:26:01 AM PDT by Enlightened1
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To: Enlightened1

“Yes We Can”.....
“Si se puede”.....

How’s that working for you Venezolanos?


2 posted on 08/18/2015 6:28:01 AM PDT by Roman_War_Criminal (The Sun Never Sets on Liberal Idiocy)
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To: Enlightened1

Just think how many unwashed hands touched that money?

EWW!!!


3 posted on 08/18/2015 6:29:14 AM PDT by Clint N. Suhks
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To: Kartographer

SHTF scenario in real time.


4 posted on 08/18/2015 6:30:05 AM PDT by TADSLOS (A Ted Cruz Happy Warrior! GO TED!)
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To: Enlightened1

They did that for the picture, who take super dirty money and wraps it around food and then places it all on some dirty tile?


5 posted on 08/18/2015 6:31:18 AM PDT by A CA Guy ( God Bless America, God Bless and keep safe our fighting men and women.)
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To: Clint N. Suhks

Looking at that photo brings on thoughts about diarhea


6 posted on 08/18/2015 6:33:01 AM PDT by stellaluna
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To: Enlightened1

When will Michael Moore donate his table scraps to these poor starving socialists?


7 posted on 08/18/2015 6:35:41 AM PDT by St_Thomas_Aquinas ( Isaiah 22:22, Matthew 16:19, Revelation 3:7)
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To: Enlightened1

If socialism was so awful, would we be installing it in this country?


8 posted on 08/18/2015 6:36:39 AM PDT by Tzimisce
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To: Enlightened1

Now would be a good time to sponsor 2 week learning seminars to Venezuela for College Students, so they can see exactly how their College Professors Ideas and Beliefs turn out in Real Life! Hell, it should be Mandatory.


9 posted on 08/18/2015 6:37:04 AM PDT by eyeamok
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To: Enlightened1

Someone should ask Sean Penn what he thinks of how far his pal H Chavez’s “workers paradise” has fallen.


10 posted on 08/18/2015 6:37:27 AM PDT by billyboy15
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To: Clint N. Suhks
Just think how many unwashed hands touched that money?

Possibly none. They're probably cranking those bank notes out by the millions per day at some printer in Germany. That's probably a brand-new, uncirculated note.

11 posted on 08/18/2015 6:37:36 AM PDT by NorthMountain ("The time has come", the Walrus said, "to talk of many things")
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To: Enlightened1

Well they did run out of toilet paper months ago...


12 posted on 08/18/2015 6:39:00 AM PDT by uncitizen ("When a liberal speaks, a liberal is lying" - Mark Levin)
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To: Enlightened1

Communists deserve to live in poverty


13 posted on 08/18/2015 6:43:01 AM PDT by BRL
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To: Enlightened1
 photo SocialistVenezuelaBernieSanders_zpsfqwnzx4x.jpg
14 posted on 08/18/2015 6:43:13 AM PDT by HotHunt
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To: Enlightened1

Diesel is currently USD $0.01/liter in Venezuela .. time to sail your boat there , fuel up and taks a few ladies onboard at $1/day (night)...


15 posted on 08/18/2015 6:45:46 AM PDT by Neidermeyer ("Our courts should not be collection agencies for crooks." — John Waihee, Governor of Hawaii, 1986-)
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To: Neidermeyer

Wow that’s impressive pricing.

I wonder if the fuel quality is sufficient to operate a modern engine?


16 posted on 08/18/2015 6:47:19 AM PDT by nascarnation (Impeach, convict, deport)
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To: Neidermeyer

http://www.globalpetrolprices.com/Venezuela/diesel_prices/


17 posted on 08/18/2015 6:47:47 AM PDT by Neidermeyer ("Our courts should not be collection agencies for crooks." — John Waihee, Governor of Hawaii, 1986-)
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To: Enlightened1

Of course, “napkins” is a euphemism.


18 posted on 08/18/2015 7:09:14 AM PDT by yefragetuwrabrumuy ("Don't compare me to the almighty, compare me to the alternative." -Obama, 09-24-11)
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To: All
 photo 10448825_10152279628122730_4116979267897722379_n.jpg


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19 posted on 08/18/2015 7:14:57 AM PDT by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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To: HotHunt

Napkins are probably more suitable as a substitute for toilet paper than the currency which will suffice as a napkin.


20 posted on 08/18/2015 7:15:20 AM PDT by duffee (No money to the Mississippi Republican Party as long as joe nosef is chairman)
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