Word: venezuelan
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...biggest Bs (Venezuelan bolivars, worth 30? and as hard as any money in the world) are naturally made in oil and investments, but the fastest Bs come from importing, insurance, advertising, retail trade. Government bonds pay 8%, and even minimum-balance checking accounts pay 3%; many a small company makes its investment back in a year. "Business keeps doubling every year," brags one U.S. operator. "Friend of mine, worth maybe five or six million Bs, showed me his portfolio of stocks. All blue chips-stuff like electricity and beer-and paying 32% on what he put into them...
Love That Oil. What with customs duties, high profits and low farm output, Caracas prices† average twice as high as Manhattan's, but oil keeps the money moving; the buying power of Customer Juan Bimba (Mr. Average Venezuelan) has risen 63% in eight years. The country is the U.S.'s fourth biggest cash customer (after Canada, Mexico and Cuba), taking everything from steel beams to baked beans...
...line usually was delivered as nervously as though the gallant were trying to slip the senorita a love letter in church. At last, it got so that the most inspiring girl could move past a city block of curbside Romeos and hear only frustrated mumbles. Solemnly taking note, the Venezuelan newspaper El National last week reported that the piropo, once the boast of Maracaibo, is dead...
...situation is no better elsewhere in the country. But Venezuelan senoritas may take heart from this fact: Brazil, Cuba and others have tried muffling piropos, but without success...
...since the High Priests of Thebes labored lovingly over the corpses of Libyan Pharaohs has there been such big news in the embalming business. In Manhattan last week, Dr. Carlos José Rodriguez Fernández, a Venezuelan dentist, announced that he has concocted "a fluid which will destroy putrefaction from the face of the earth." He has the well-preserved carcasses of a donkey, a dog and a 1,500-lb. horse once ridden by Venezuela's late President Delgado-Chalbaud as mute monuments to his success...