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V12 2009 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 12, Number 36, September 6, 2009, Article 15

QUERY: NICARAGUAN BANKNOTE BATHROOM WALLPAPER

Last week, in discussing "Silver Dollar Smith's" saloon, Tom Kays wrote:

Can E-Sylum readers suggest further examples of garish architecture/home decoration that one can visit today, daring visitors to look in any direction without seeing money?

Alan Luedeking writes:

I heard once that one of the people that fled Nicaragua with Anastasio Somoza at the end of the revolution in 1979 carried off a huge fortune in Nicaraguan banknotes looted from the Central Bank. When the Sandinistas took power one of the first things they did was to demonetize all the currency, allowing just a few days for the public to redeem the cash in their possession. They then issued their own revolutionary currency, starting the wild inflationary spiral that lasted for nearly twenty years.

The man thus found himself with a vast amount of now worthless paper money and proceeded to wallpaper the bathrooms of his house in Miami with it. I always wanted to see it but never got the chance. But I did hear about it from people who said they had. Nevertheless, the story may be apocryphal...

I hadn't heard this story, but nothing would surprise me. Can anyone verify the story? -Editor


Wayne Homren, Editor

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