"00" Bills in Argentina
Hilarious - in Argentina (my second home) they mistakenly printed $100 bills where they cut the 1 off. So they show ''00" instead,
Because of the ~25% yearly inflation the $100 bills are in such high demand so they decided to distribute them anyways and are still considered 'legal tender'.
The 100 Pesos bill is the highest denomination of Argentine paper money and with inflation running at an annualized ‘in the range of 25%’ it is not surprising the urgency to have the bills in the streets.
The error in the bills emerged from the fact they were wrongly clipped on one side, cutting off the centennial and leaving the zeroes.
I see the bills still have "100" on one side so they're not completely jokes, but still pretty funny, and just another sign of what happens when your country has crazy inflation incurring.
From: Roaring inflation: Argentine “double zero” peso bills are “legal tender”
Talking about attention to detail...
Et earum aut recusandae aut commodi quis. Occaecati asperiores atque corrupti amet velit. Aut soluta recusandae veniam adipisci.
Sed sit culpa fuga fugit ipsa asperiores aut. Tempora sequi officiis magni nostrum qui ea.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...