Existing comment:
Does having a really big banknote always mean you can buy a lot?
Bread =
1 Euro, France, 2019
3 Dollars, the USA, 2018
13 Rand, South Africa, 2019
185 Yen, Japan, 2019
3,000,000 Bolivares, Venezuela, 2018
35,000,000 Dollars, Zimbabwe, 2008
500,000,000 Marks, Germany, 1923
How much you can buy with a banknote (a piece of paper money) depends on where and when you are using it. Banknotes with very big numbers on them can be clues that a country is suffering. Sometimes basic items like a loaf of bread cost millions, and then people go hungry because they can’t get enough banknotes to buy what they need. Countries that have experienced this include Germany (1923), Zimbabwe (2008), and Venezuela (2018). |