Hyperinflation in Venezuela

You may know the current economic crisis and hyperinflation in Venezuela. On monday they cut off five zeros. Before that it would have been cheaper to use banknotes as toiletpaper than buy one roll of real toiletpaper!

Here's the pictures of banknote piles needed for different goods:

https://www.is.fi/ulkomaat/art-2000005797810.html

Quote: "Trp"​You may know the current economic crisis and hyperinflation in Venezuela. On Monday they cut off five zeros. Before that it would have been cheaper to use banknotes as toilet paper than buy one roll of real toilet paper!

​Holy sh*t !!!

Toilet paper seems to be very expensive or chicken very cheap if you get one for three rolls

Not sure if this is relevant, but someone recently tried to assassinate their President over in Venezuela.

You've all probably heard this by now, what with having 90 or so years to get the word around, but a (somewhat) more dignified equivalent in Weimar-era Germany was to use the worthless banknotes as wallpapering rather than buy real wallpaper, or have children play with bricks of them rather than buy toys.

When I was a kid in 1989, my father gave me a box full of useless 50 cruzados banknotes just to play with. That was the time of hyperinflation in Brazil. I loved to play with those banknotes.

Quote: "gsereno"​When I was a kid in 1989, my father gave me a box full of useless 50 cruzados banknotes just to play with. That was the time of hyperinflation in Brazil. I loved to play with those banknotes.

​Not only that, but there were also coins that I still regard as the best of Brazil. The ones with animals.

With 1 million per cent inflation expected in 2018, it is a catastrophe comparable to that of Hungary in 1946. It is millions of inhabitants who have nothing left to live.
Yugoslav, Argentinian or Brazilian hyperinflation are very light in comparison.
How long will the new coin survive ?

The new cryptocurrency indexed on petrol will it survive?

Quote: "Frenchlover"​With 1 million per cent inflation expected in 2018, it is a catastrophe comparable to that of Hungary in 1946. It is millions of inhabitants who have nothing left to live.
​Yugoslav, Argentinian or Brazilian hyperinflation are very light in comparison.
​How long will the new coin survive ?
​
​The new cryptocurrency indexed on petrol will it survive?

​If something won´t happen in the near future that will stop the inflation, it may even surpass the German or Hungarian hyperinflation. Heck, it may even come very close to the Zimbabwean if they don´t come up with stabilizing solution.

I saw that they cancelled the Venezuela "Who wants to be a millionaire" program. Because even though they increased the top prize to 20 million, it still only equates to around 30 cents.