Cuba Can’t Afford to Print Its Own Hyperinflated Currency – IOTW Report

Cuba Can’t Afford to Print Its Own Hyperinflated Currency

Babalu Blog

Money is in short supply in Cuba, like everything else. Hyperinflation has caused a shortage of paper currency on the island prison, but Castro, Inc. doesn’t have the funds it needs to print new bills with higher denominations.

In sum, Castro, Inc. is so bankrupt, literally, that it can’t come up with money to print money. In fact, the dictatorship’s economic collapse and hyperinflation have created a situation in which the cost of printing new bills will be higher than the value of the bills being printed.

Vamos bien! Requetebien. Time to whip out the seashells and snail shells used by the islands natives long ago, and to change the name of the national currency from Pesos to Caracoles. More

11 Comments on Cuba Can’t Afford to Print Its Own Hyperinflated Currency

  1. Have to tolerate an insane Portland teacher who is in love with all things Cuba. Can hardly wait for his reply. Are Presidents Bush or President Trump responsible for all of Cuba’s problems?

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