I wonder at what point these bills stop being literally worth the paper they're printed on. The last thing a country with hyperinflation problems needs, is spiralling costs to buy worthless money.
I wonder how much longer the Bolivar can actually exist. I have not seen anyone getting out of hyperinflation without temporarily ditching the currency altogether. If Venezuela eventually ditch the Bolivar and don't want to adopt the hated Yankee dollar, it would be an interesting opportunity for the Euro.
> it would be an interesting opportunity for the Euro.
I think Venezuela is much closer politically to China at this point. I could see them moving to the yuan, and that would be a political coup also for Beijing.
I wonder how much longer the Bolivar can actually exist. I have not seen anyone getting out of hyperinflation without temporarily ditching the currency altogether. If Venezuela eventually ditch the Bolivar and don't want to adopt the hated Yankee dollar, it would be an interesting opportunity for the Euro.