“The announcement set off panic, as millions of people scrambled to round up their 100-bolivar bills and deposit them in bank accounts ahead of the arbitrary deadline. Everyday life — already disastrously precarious for many — was thrown into complete disarray as everyone from bus drivers to shop owners refused to accept the bills, realizing that there’s no point accumulating banknotes that will be worth nothing by the end of the week.”

Read more: https://www.washingtonpost.com/news/global-opinions/wp/2016/12/15/declaring-war-on-common-sense-venezuela-bans-its-own-money/#pt0-721087

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