Venezuelans Give Up on Counting Piles of Cash and Start Weighing Them
- Government considering printing larger bank notes for holidays
- Triple-digit inflation means largest bill isn’t worth 10 cents
A manager counts the incoming cash of the day at a bakery in Caracas, Venezuela, on Oct. 16, 2016.
Photographer: Manaure Quintero/BloombergAt a delicatessen counter in eastern Caracas, Humberto Gonzalez removes slices of salty white cheese from his scale and replaces them with a stack of bolivar notes handed over by his customer. The currency is so devalued and each purchase requires so many bills that instead of counting, he weighs them.
“It’s sad," Gonzalez says. "At this point, I think the cheese is worth more.”