Sorry folks, unable to post the video for some reason but I saw something interesting today. Inflation in Venezuela has increased by 1300%. Their currency has been devalued to about 13% of the Euro.
Some creative people are taking the paper currency and crafting stuff like hats, bags and handbags out of it, and selling them for more than the money they are made out of is worth. They get around 300,000 bolivars per item sold which is enough to buy 2 lbs of meat. Which again, costs more than the value of the currency used to craft each item.
Some creative people are taking the paper currency and crafting stuff like hats, bags and handbags out of it, and selling them for more than the money they are made out of is worth. They get around 300,000 bolivars per item sold which is enough to buy 2 lbs of meat. Which again, costs more than the value of the currency used to craft each item.