Bank of Spain introduces inflation-proof €500 banknotes

Trevor @ Tuesday December 16th 2008 13:50

As private banker to dozens of Andalusian officials I have been responsible for maintaining the padded mattress sector in work this year. Before the summer a client called to complain that inflation threatened to render worthless the not particularly hard-earned stash of 500s he maintains under one of my beds. But there is more woof than wolf at the Banco del Estado Caracol, so I had a quiet chat with M and this is what he came up with:


I once shared a radio show with an artist whose art consisted of forging banknotes and who as a result had some trouble in the UK and various other places. There doesn’t seem to be the same level of concern in Spain, so maybe the polĂ­ticos will discover one day that their secret millions are all fakes.

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