January 5: Monopoly money in hyper-inflation Venezuela
Q: What's in the bag? (And what's the McDonald $ test ...see below)
A: Venezuelan bank notes - worth B:3,500,000
This is, officially, the world's most useless currency, in a country with the world's highest inflation rate ....hyper inflation
To get an idea of the real value of currency in any country, just go to McDonald's, which I did today in Caracas (not to buy, just to check prices). A cone ice cream - 30,000; a Big Mac - 100,000
So, that 3,500,000 is worth 35 Big Macs!