Money in stricken communist state WORTHLESS due to SEVERE hyperinflation

 ATMs in the stricken South American nation now have a daily limit of 10,000 bolivars, which is just about enough to buy a few cups of coffee. Marta Milano, a Venezuelan national said: "Sometimes, bank tellers will only pay you half of your pension and suggest that you come back later for the rest." State spending in the communist state has been seen as out-of-control and other policies have simply led to hyperinflation.  A vicious cycle has occurred where there is now not enough cash in circulation to keep up with the rapidly rising prices. Jean Paul Leidenz, a senior economist at the Caracas think tank Ecoanalitica commenting on the worthless currency said there are about 13 billion banknotes in circulation in Venezuela. More…