WorthyNewsBot Posted November 2, 2017 Group: Bots Followers: 3 Topic Count: 39,879 Topics Per Day: 6.44 Content Count: 44,478 Content Per Day: 7.19 Reputation: 987 Days Won: 2 Joined: 06/06/2007 Status: Offline Share Posted November 2, 2017 (Worthy News) - Venezuela announced plans to begin issuing 100,000-bolivar notes on Wednesday as the government struggles to control skyrocketing inflation. One year ago, the largest bill was only 100 bolivars – an amount that is now practically worthless. President Nicolas Maduro unveiled the note at a cabinet meeting. It will be worth about €2 euros or $2.3 on black market exchanges. Caracas said the new bill is only a stop-gap measure amidst a more comprehensive financial overhaul, one facet of which is to eventually rid the country of paper money entirely. [ Source: Deutche Welle (Read More...) ] View the full article Link to comment Share on other sites More sharing options...
SavedOnebyGrace Posted November 7, 2017 Group: Royal Member Followers: 0 Topic Count: 11 Topics Per Day: 0.04 Content Count: 4,059 Content Per Day: 14.04 Reputation: 5,193 Days Won: 0 Joined: 07/30/2023 Status: Offline Share Posted November 7, 2017 Sounds eerily similar to what Germany was forced to do between world wars. How are they going to get rid of paper money? Put a chip under everyone's skin? Look to George Soros for the solution. Link to comment Share on other sites More sharing options...
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