Found via the February 12, 2019 issue of News & Notes from the Society of Paper Money Collectors (SPMC) is this latest report on artworks created
from worthless Venezuelan banknotes. -Editor
Venezuelan migrants in Colombia are giving their devalued currency a new lease of life by recycling near-worthless bolivars into artworks.
Food and job shortages have spurred more than three million Venezuelans to emigrate since 2015.
But migrants from the country in the Colombian city of Cucuta have tapped into their creative power to make a living by folding notes into model cars,
swans, handbags and purses. The handicrafts are then sold on stalls at a significant markup from the bolivar’s black market value.
Venezuela’s rate of inflation reached 2,000,000 per cent in 2018 following economic measures by socialist President Nicolas Maduro...
To read the complete article, see:
Venezuelans make art from banknotes in bid to give them value
To read the earlier E-Sylum articles, see:
VENEZUELA CRAFTSMEN USE WORTHLESS BANKNOTES
VENEZUELA'S WORTHLESS BANKNOTES (https://www.coinbooks.org/v21/esylum_v21n29a34.html)
Wayne Homren, Editor
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