720% inflation? I have an idea for a business down there. Head down to Caracas and open a wheelbarrow manufacturing plant for Venezuelans to carry their money around in.Perhaps a wheelbarrow rather than the hammer and sickle should have been the symbol for communist socialism
The money is inflating so fast that the government isn’t paying money-printing businesses for newly printed bills.
It’s bad when the company printing your money won’t keep it in lieu of payment.
“720% inflation? I have an idea for a business down there. Head down to Caracas and open a wheelbarrow manufacturing plant for Venezuelans to carry their money around in.Perhaps a wheelbarrow rather than the hammer and sickle should have been the symbol for communist socialism”
I picked up a mint 1,000,000 Deutchmark note at an antique mall recently and now have it framed over my desk as a reminder of how much I should trust politicians.
Zimbabwe of South America.