Maduro Stunner: Venezuela Eliminates Half Its Paper Money After Pulling Largest Bill From Circulation

Monday, December 12, 2016
By Paul Martin

by Tyler Durden
Dec 11, 2016

Today Venezuela pulled a page out of the Indian “demonetization” playbook, after the country eliminated half the paper cash in circulation by pulling the highest denomination, 100-Bolivar bill, from circulation. “I have decided to take out of circulation bills of 100 bolivars in the next 72 hours,” Maduro said in a TV address. “We must keep beating the mafias.”

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