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The Chip Board Archive 25

Re: Venezuela devalues currency -- chips affected?

Robert, I doubt the chips are affected. Most inflation-rid countries either deal with US Dollars or have chips with designated values. One time in Zimbabwe I was paid with a 12.50 chip that I was told was actually $5. Have you ever seen those chips from Argentina that simply have a letter and number on them, like T3, for example? They all have designated values because of inflation. On a recent visit to Buenos Aires, I saw a chart on the wall with all the numbers and letters and a listing of what each chip was worth. When I tried to take a picture of the chart, security ran up to me and stopped me.

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Venezuela devalues currency -- chips affected?
Re: Venezuela devalues currency -- chips affected?

Copyright 2022 David Spragg