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-Short Attention Span Theater- |
Venezuela: Million Bolivars = $0.53 (U.S.) |
2021-03-06 |
[Bloomberg] Venezuela said it will introduce new large-denomination bolivar notes as hyperinflation renders most bills worthless, forcing citizens to turn to the U.S. dollar for everyday transactions. The country’s central bank posted a statement on its website Friday saying it would begin circulating the new 200,000, 500,000 and 1,000,000 bills to "fulfill the current economy’s requirements" without providing further details. The 1,000,000 note - the largest in the nation’s history - is worth only $0.53 cents. As Venezuela's economy shrank for a seventh straight year in 2020, the government turned a blind eye to a growing number of dollar transactions, kick-started by rolling power outages that prevented credit and debit card purchases and fostered the use of cash. About 66% of transactions across the country are estimated to be made in foreign currency |
Posted by:Bobby |
#11 Zimbabwe, look to your laurels! |
Posted by: Tom 2021-03-06 14:49 |
#10 Sounds somewhat appropriate, seeing how the democrats are doing everything they can to close that gap. |
Posted by: swksvolFF 2021-03-06 13:45 |
#9 And also especially Besoeker. :-) I don’t want to take naps more often, but what a reward for waking up! |
Posted by: trailing wife 2021-03-06 13:40 |
#8 :-) I was wondering why it doubled up the pic |
Posted by: Frank G 2021-03-06 11:55 |
#7 /\ We had quite an exercise underway. I believe Frank and I were deleting and editing on top of one another. I finally discovered the malfunction and backed off. |
Posted by: Besoeker 2021-03-06 11:33 |
#6 TW says you can add "width=300" to the code to shrink it down: I’m so happy right now. Bless you all for being wonderful, especially Clem and Frank G at this particular moment. And Trailing Dongle1913, who found a clever way to get a message to the moderators looking in the article hopper, |
Posted by: trailing wife 2021-03-06 10:59 |
#5 Do these new bills have AOC's picture on them? |
Posted by: AlmostAnonymous5839 2021-03-06 10:49 |
#4 Done |
Posted by: Frank G 2021-03-06 10:40 |
#3 I might have posted that image before I knew how to shrink/re-size them. TW says you can add "width=300" to the code to shrink it down: " ... align=right width=300 /> " |
Posted by: Clem 2021-03-06 09:42 |
#2 Biden-Schumer-Pelosi administration will seek 'equity' on that issue. |
Posted by: Procopius2k 2021-03-06 09:30 |
#1 Wow. Now that's a big picture. From the 'Burg photo list. |
Posted by: Bobby 2021-03-06 08:59 |