Hyperinflation concept - Venezuelan bolivar (Fuerte type) with food item (soy beans) - metaphor spiralling inflation in Venezuela & worthless money.

Hyperinflation concept - Venezuelan bolivar (Fuerte type) with food item (soy beans) - metaphor spiralling inflation in Venezuela & worthless money. Stock Photo
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Image details

Contributor:

Marcus Harrison - finance / Alamy Stock Photo

Image ID:

R5WFF4

File size:

68.7 MB (2.4 MB Compressed download)

Releases:

Model - no | Property - noDo I need a release?

Dimensions:

4000 x 6000 px | 33.9 x 50.8 cm | 13.3 x 20 inches | 300dpi

Date taken:

2 December 2018

Location:

uk

More information:

I have not been able to ascertain whether Venezuela has strict copyright restrictions on photographing its banknotes (like the UK's BoE) so have put RM Editorial for these images. Regarding the Bolivares banknotes themselves - the low denomination 2, 5, 10, 20, 50 & 100 notes are known as Bolivares Fuerte (Strong) which were launched in 2008, and replaced in late 2017 with new Bolivares notes with counted in Thousands as hyperinflation took hold. These became worthless (new demonetized) and were replaced in August 2018 with yet another issue of notes (not depicted here) known in Venezuela as Bolivares soberano or Bolivare Sobrano, which translates as the 'Sovereign Bolivar. In October 2018 Year-on-Year Consumer Price inflation had reached a staggering 833, 997%, with the IMF hypothesising this would reach 1 Million percent by the end of 2018.

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