The Venezuela Street Sellers Turning Worthless Notes Into Bags and Hats

The Venezuela Street Sellers Turning Worthless Notes Into Bags and Hats
A purse made by Venezuelan Wilmer Rojas, out of bolivar bank notes in Caracas on Jan. 30, 2018. Federico Parra/AFP/Getty Images
Simon Veazey
Simon Veazey
Freelance Reporter
|Updated:

Money has become so worthless in Venezuela’s collapsing economy that street sellers are crafting it into baskets, hats, and other art.

Inflation under the socialist-run government has been accelerating since the collapse of the oil industry in 2014 and is estimated by the IMF  to reach 13,000 percent this year.
Simon Veazey
Simon Veazey
Freelance Reporter
Simon Veazey is a UK-based journalist who has reported for The Epoch Times since 2006 on various beats, from in-depth coverage of British and European politics to web-based writing on breaking news.
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