A picture of currency notes thrown on the roads of Italy has been doing the rounds of social media, claiming that Italians were throwing notes out as a symbolic message to indicate money was useless during these times of the coronavirus.
Actually this has nothing to do with coronavirus.
The image, shared widely on WhatsApp, Facebook and Twitter, has been captioned:
“People in Italy have thrown all their money on the streets, as they say it is of no use.”

On the face of it, it may sound cheesy but it would make no sense in people throwing away valuable money just to prove a point.

In truth this was a picture from Venezuela where hyperinflation caused money to be worthless. Due to excessive currency printing and deficit spending coupled with corruption caused the currency to reduce its value. Low oil prices also caused a drop in oil production due to lack of investment.

People even made crafts with the worthless currency notes and sold them.