What do you do when rampant inflation and currency depreciation rips through your nation?
Do you blame your dictator’s economic stewardship? Nah.
You create a new socialist currency:
Welcome to the 23 de Enero barrio, home to about 100,000 people and something of a laboratory for Chavez’s nationwide socialist experiment. Here you find dogs named “Comrade Mao”, and even a “revolutionary car wash.”
“We are creating a popular bank and are going to issue a communal currency: little pieces of cardboard,” says Salvador Rooselt, a soft-spoken 24-year-old law student and community leader who often quotes Lenin and Marx.
“The neighbourhood and movements it nurtures represent both the laboratory and spearhead of the Bolivarian Revolution … It is in 23 de Enero that the most radical forces are located, forces which drive the process forward,” he said.
If only there were a way to short this.