Bank of Spain introduces inflation-proof €500 banknotes

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 políticos will discover one day that their secret millions are all fakes.

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