{"id":1327,"date":"2019-04-06T19:33:36","date_gmt":"2019-04-06T19:33:36","guid":{"rendered":"http:\/\/www.syyhoaxanalyzer.com\/?p=1327"},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-29T17:00:00","slug":"Does-an-Image-Show-&#8216;Worthless&#8217;-Money-in-the-Gutter-in-Venezuela?","status":"publish","type":"post","link":"https:\/\/www.syyhoaxanalyzer.com\/?p=1327","title":{"rendered":"Does an Image Show &#8216;Worthless&#8217; Money in the Gutter in Venezuela?"},"content":{"rendered":"<div>\n<article class=\"post-110039 post type-post status-publish format-standard has-post-thumbnail hentry category-disinformation category-fact-checks tag-currency tag-venezuela tag-viral-facebook-posts article-label-misleading\">\n<div class=\"tt-blog-category post-single text-center\">\n<a class=\"c-btn type-3 color-3\" href=\"https:\/\/www.truthorfiction.com\/category\/fact-checks\/disinformation\/\">Disinformation<\/a><br \/>\n<a class=\"c-btn type-3 color-3\" href=\"https:\/\/www.truthorfiction.com\/category\/fact-checks\/\">Fact Checks<\/a>\n<\/div>\n<div class=\"empty-space marg-lg-b10\"><\/div>\n<h1 class=\"c-h1 text-center\">Does an Image Show &#8216;Worthless&#8217; Money in the Gutter in Venezuela?<\/h1>\n<h4 class=\"c-h4 text-center\">A viral Facebook post claims that a photograph shows worthless currency abandoned in the street in Venezuela.<\/h4>\n<div class=\"empty-space marg-lg-b5\"><\/div>\n<div class=\"text-center\">\n<div class=\"tt-blog-user clearfix\"><a class=\"tt-blog-user-img\" href=\"https:\/\/www.truthorfiction.com\/author\/kim\/\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%22http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%22%20width%3D%2280%22%20height%3D%2280%22%3E%3C%2Fsvg%3E\" width=\"40\" height=\"40\" alt=\"Kim LaCapria\" class=\"ezlazyload avatar avatar-40 wp-user-avatar wp-user-avatar-40 alignnone photo\" data-ezsrc=\"https:\/\/dn.truthorfiction.com\/wp-content\/uploads\/2018\/12\/11124921\/spp-80x80.jpg\" \/><\/a><\/p>\n<div class=\"tt-blog-user-content\"><span class=\"tt-post-author-single\"><a href=\"https:\/\/www.truthorfiction.com\/author\/kim\/\" title=\"Posts by Kim LaCapria\" class=\"author url fn\" rel=\"author\">Kim LaCapria<\/a><\/span><span class=\"tt-post-date-single\">April 4, 2019<\/span><\/div>\n<\/div>\n<\/div>\n<div class=\"empty-space marg-lg-b10\"><\/div>\n<div class=\"swp_social_panel swp_horizontal_panel swp_flat_fresh  swp_default_full_color swp_other_color_outlines swp_individual_full_color scale-100 scale-full_width\" data-min-width=\"1100\" data-float-color=\"#ffffff\" data-float=\"none\" data-float-mobile=\"none\" data-transition=\"slide\">\n<div class=\"nc_tweetContainer swp_facebook\" data-network=\"facebook\"><a rel=\"nofollow noreferrer noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/share.php?u=https%3A%2F%2Fwww.truthorfiction.com%2Fdoes-an-image-show-worthless-money-in-the-gutter-in-venezuela%2F\" data-link=\"https:\/\/www.facebook.com\/share.php?u=https%3A%2F%2Fwww.truthorfiction.com%2Fdoes-an-image-show-worthless-money-in-the-gutter-in-venezuela%2F\" class=\"nc_tweet\"><span class=\"swp_count swp_hide\"><span class=\"iconFiller\"><span class=\"spaceManWilly\"><i class=\"sw swp_facebook_icon\"><\/i><span class=\"swp_share\">Share<\/span><\/span><\/span><\/span><\/a><\/div>\n<div class=\"nc_tweetContainer swp_linkedin\" data-network=\"linkedin\"><a rel=\"nofollow noreferrer noopener\" target=\"_blank\" href=\"https:\/\/www.linkedin.com\/cws\/share?url=https%3A%2F%2Fwww.truthorfiction.com%2Fdoes-an-image-show-worthless-money-in-the-gutter-in-venezuela%2F\" data-link=\"https:\/\/www.linkedin.com\/cws\/share?url=https%3A%2F%2Fwww.truthorfiction.com%2Fdoes-an-image-show-worthless-money-in-the-gutter-in-venezuela%2F\" 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href=\"\/cdn-cgi\/l\/email-protection#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\" class=\"nc_tweet noPop\" target=\"_blank\"><span class=\"swp_count swp_hide\"><span class=\"iconFiller\"><span class=\"spaceManWilly\"><i class=\"sw swp_email_icon\"><\/i><span class=\"swp_share\">Email<\/span><\/span><\/span><\/span><\/a><\/div>\n<div class=\"nc_tweetContainer swp_twitter\" data-network=\"twitter\"><a rel=\"nofollow noreferrer noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/intent\/tweet?text=Does+an+Image+Show+%27Worthless%27+Money+in+the+Gutter+in+Venezuela%3F&#038;url=https%3A%2F%2Fwww.truthorfiction.com%2Fdoes-an-image-show-worthless-money-in-the-gutter-in-venezuela%2F&#038;via=erumors\" data-link=\"https:\/\/twitter.com\/intent\/tweet?text=Does+an+Image+Show+%27Worthless%27+Money+in+the+Gutter+in+Venezuela%3F&#038;url=https%3A%2F%2Fwww.truthorfiction.com%2Fdoes-an-image-show-worthless-money-in-the-gutter-in-venezuela%2F&#038;via=erumors\" class=\"nc_tweet\"><span class=\"swp_count swp_hide\"><span class=\"iconFiller\"><span class=\"spaceManWilly\"><i class=\"sw swp_twitter_icon\"><\/i><span class=\"swp_share\">Tweet<\/span><\/span><\/span><\/span><\/a><\/div>\n<\/div>\n<div class=\"tt-devider\"><\/div>\n<div class=\"empty-space marg-lg-b20\"><\/div>\n<p><center> <a class=\"tt-thumb\" href=\"https:\/\/dn.truthorfiction.com\/wp-content\/uploads\/2019\/04\/04094426\/venezuela_money_in_gutter_street.png\"><br \/>\n<img decoding=\"async\" class=\"ezlazyload img-responsive\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%22http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%22%20width%3D%22820%22%20height%3D%22394%22%3E%3C%2Fsvg%3E\" alt=\"venezuela_money_in_gutter_street\" data-ezsrc=\"https:\/\/dn.truthorfiction.com\/wp-content\/uploads\/2019\/04\/04094426\/venezuela_money_in_gutter_street-820x394.png\"><br \/>\n<span class=\"tt-thumb-icon\"><br \/>\n<i class=\"fa fa-arrows-alt\" aria-hidden=\"true\"><\/i><br \/>\n<\/span><br \/>\n<\/a><br \/>\n<\/center><\/p>\n<div class='featured_caption'>\n<div class=\"ccfic\"><\/div>\n<\/div>\n<div class=\"empty-space marg-lg-b40 marg-sm-b30\"><\/div>\n<div class=\"claim-wrapper\">\n<h3 class=\"claim-title\">Claim<\/h3>\n<div class=\"claim-description\" itemprop=\"description\">Photograph shows worthless currency abandoned in a Venezuela street gutter.<\/div>\n<\/div>\n<div class=\"rating-wrapper\">\n<h3 class=\"rating-title\">Rating<\/h3>\n<div class=\"rating-description\"><span class='rating-decontextualized'>Decontextualized<\/span><\/div>\n<\/div>\n<div class=\"empty-space marg-lg-b10\"><\/div>\n<div class=\"swp_social_panel swp_horizontal_panel swp_flat_fresh  swp_default_full_color swp_other_color_outlines swp_individual_full_color scale-100 scale-full_width\" data-min-width=\"1100\" data-float-color=\"#ffffff\" data-float=\"none\" data-float-mobile=\"none\" data-transition=\"slide\">\n<div class=\"nc_tweetContainer swp_facebook\" data-network=\"facebook\"><a rel=\"nofollow noreferrer noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/share.php?u=https%3A%2F%2Fwww.truthorfiction.com%2Fdoes-an-image-show-worthless-money-in-the-gutter-in-venezuela%2F\" data-link=\"https:\/\/www.facebook.com\/share.php?u=https%3A%2F%2Fwww.truthorfiction.com%2Fdoes-an-image-show-worthless-money-in-the-gutter-in-venezuela%2F\" class=\"nc_tweet\"><span class=\"swp_count swp_hide\"><span class=\"iconFiller\"><span class=\"spaceManWilly\"><i class=\"sw swp_facebook_icon\"><\/i><span class=\"swp_share\">Share<\/span><\/span><\/span><\/span><\/a><\/div>\n<div class=\"nc_tweetContainer swp_linkedin\" data-network=\"linkedin\"><a rel=\"nofollow noreferrer noopener\" target=\"_blank\" href=\"https:\/\/www.linkedin.com\/cws\/share?url=https%3A%2F%2Fwww.truthorfiction.com%2Fdoes-an-image-show-worthless-money-in-the-gutter-in-venezuela%2F\" data-link=\"https:\/\/www.linkedin.com\/cws\/share?url=https%3A%2F%2Fwww.truthorfiction.com%2Fdoes-an-image-show-worthless-money-in-the-gutter-in-venezuela%2F\" 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class=\"nc_tweet noPop\" target=\"_blank\"><span class=\"swp_count swp_hide\"><span class=\"iconFiller\"><span class=\"spaceManWilly\"><i class=\"sw swp_email_icon\"><\/i><span class=\"swp_share\">Email<\/span><\/span><\/span><\/span><\/a><\/div>\n<div class=\"nc_tweetContainer swp_twitter\" data-network=\"twitter\"><a rel=\"nofollow noreferrer noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/intent\/tweet?text=Does+an+Image+Show+%27Worthless%27+Money+in+the+Gutter+in+Venezuela%3F&#038;url=https%3A%2F%2Fwww.truthorfiction.com%2Fdoes-an-image-show-worthless-money-in-the-gutter-in-venezuela%2F&#038;via=erumors\" data-link=\"https:\/\/twitter.com\/intent\/tweet?text=Does+an+Image+Show+%27Worthless%27+Money+in+the+Gutter+in+Venezuela%3F&#038;url=https%3A%2F%2Fwww.truthorfiction.com%2Fdoes-an-image-show-worthless-money-in-the-gutter-in-venezuela%2F&#038;via=erumors\" class=\"nc_tweet\"><span class=\"swp_count swp_hide\"><span class=\"iconFiller\"><span class=\"spaceManWilly\"><i class=\"sw swp_twitter_icon\"><\/i><span class=\"swp_share\">Tweet<\/span><\/span><\/span><\/span><\/a><\/div>\n<\/div>\n<div class=\"simple-text size-4 tt-content title-droid margin-big adtester-container-102 hidden-lg hidden-md\">\n<div class=\"goods-instory-wrapper\">\n<div class=\"goods-notice\">\n<p>Advertisement<\/p>\n<\/div>\n<p><span id=\"ezoic-pub-ad-placeholder-102\"><\/span><\/div>\n<\/div>\n<div class=\"reporting-wrapper\">\n<h3 class=\"reporting-title\">Reporting<\/h3>\n<\/div>\n<div class=\"simple-text size-4 tt-content title-droid margin-big\">\n<div id=\"fb-root\"><\/div>\n<p>On March 22 2019, a Facebook user shared the following post (archived <a href=\"https:\/\/archive.fo\/Urv0h\" target=\"_blank\" rel=\"noopener\">here<\/a>), purportedly showing unfathomable amounts of money discarded in a gutter in Venezuela. A caption said:<\/p>\n<blockquote>\n<p>This is a street in Venezuela. That&#8217;s money in the gutter. It&#8217;s worthless. Welcome to socialism.<\/p>\n<\/blockquote>\n<p>Although the image lacked any corroborating information (such as location, date, or news links), it was extremely popular. News stories published prior to the images&#8217; circulation <a href=\"https:\/\/www.latimes.com\/world\/la-fg-venezuela-cash-free-20190206-story.html\" target=\"_blank\" rel=\"noopener\">reported<\/a> that Venezuelans increasingly relied on debit cards due to hyperinflation, and in 2016, a \u00a0<em>New York Times<\/em> \u00a0correspondent in Venezuela <a href=\"https:\/\/www.nytimes.com\/interactive\/projects\/cp\/reporters-notebook\/moving-to-venezuela\/venezuela-currency\" target=\"_blank\" rel=\"noopener\">described<\/a> \u00a0using of massive quantities of cash for the same reasons.<\/p>\n<p>Later versions of the same image appeared on other social media sites. An April 2 2019 post to Reddit&#8217;s <a href=\"https:\/\/www.reddit.com\/r\/The_Donald\/comments\/b8iifs\/this_is_a_street_in_venezuela_thats_money_in_the\/\" target=\"_blank\" rel=\"noopener\">r\/The_Donald<\/a> bore a similar caption:<\/p>\n<blockquote class=\"reddit-card\">\n<p> <a href=\"https:\/\/www.reddit.com\/r\/The_Donald\/comments\/b8iifs\/this_is_a_street_in_venezuela_thats_money_in_the\/?ref_source=embed&amp;ref=share\">This is a street in Venezuela. That&#8217;s money in the gutter. It&#8217;s worthless. Welcome to socialism.<\/a> from <a href=\"https:\/\/www.reddit.com\/r\/The_Donald\/\">The_Donald<\/a> <\/p>\n<\/blockquote>\n<p> <script data-cfasync=\"false\" src=\"\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script async src=\"https:\/\/embed.redditmedia.com\/widgets\/platform.js\" charset=\"UTF-8\"><\/script><\/p>\n<p>A March 12 2019 post on Imgur contained a larger set of images from which the first possibly originated. In addition to depicting currency in the streets, the distinctive red and gray sidewalks with yellow curbs were also seen in the image set. Its caption was different, however: &#8220;A bank was looted in Venezuela, and then the people burned the money to show it was worthless&#8221;:<\/p>\n<blockquote class=\"imgur-embed-pub\" lang=\"en\" data-id=\"a\/cjndk8o\">\n<p><a href=\"https:\/\/imgur.com\/a\/cjndk8o\">A bank was looted in Venezuela, and then the people burned the money to show it was worthless.<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"\/\/s.imgur.com\/min\/embed.js\" charset=\"utf-8\"><\/script><\/p>\n<p>One commenter requested a link to more information, but only received unrelated articles about Venezuela&#8217;s economy in general:<\/p>\n<blockquote>\n<p>any source please? I can&#8217;t find any news related and it&#8217;s driving me crazyy<\/p>\n<\/blockquote>\n<p>On Twitter, the images appeared alongside varied commentary. Users added it to posts warning <a href=\"https:\/\/twitter.com\/YVAPRABHAKAR\/status\/1113636844111929349\" target=\"_blank\" rel=\"noopener\">India<\/a> or the United States about the ills of socialism, and in other tweets it was presented as a selling point for cryptocurrencies. The earliest iteration was shared on March 11 2019 to Twitter, alongside a claim that the images depicted the &#8220;looting&#8221; of a bank:<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The bicentenario bank in Merida was looted, people left the Venezuelan bolivars behind and left the money on the street and set fire to piles of Venezuelan bolivars to prove its worthless <a href=\"https:\/\/twitter.com\/hashtag\/Venezuela?src=hash&amp;ref_src=twsrc%5Etfw\">#Venezuela<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/SinLuz?src=hash&amp;ref_src=twsrc%5Etfw\">#SinLuz<\/a> <a href=\"https:\/\/t.co\/YJlT2qFPrY\">pic.twitter.com\/YJlT2qFPrY<\/a><\/p>\n<p>&mdash; CNW (@ConflictsW) <a href=\"https:\/\/twitter.com\/ConflictsW\/status\/1105241563620360193?ref_src=twsrc%5Etfw\">March 11, 2019<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>That tweet led to <a href=\"https:\/\/twitter.com\/myteks\/status\/1105276080146038785\" target=\"_blank\" rel=\"noopener\">others<\/a> <a href=\"https:\/\/twitter.com\/williamsdavila\/status\/1105289297396146176\" target=\"_blank\" rel=\"noopener\">posted<\/a> concurrently about the <a href=\"https:\/\/twitter.com\/amir_richani\/status\/1105463331199037440\" target=\"_blank\" rel=\"noopener\">same<\/a> <a href=\"https:\/\/twitter.com\/mariagracia1202\/status\/1105320993994633218\" target=\"_blank\" rel=\"noopener\">incident<\/a>, as well as a post on Reddit&#8217;s <a href=\"https:\/\/www.reddit.com\/r\/arepas\/comments\/b09d7t\/the_bicentenario_bank_in_merida_was_looted_the\/\" target=\"_blank\" rel=\"noopener\">r\/arepas<\/a>:<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"es\" dir=\"ltr\">Saquearon el banco bicentenario que est\u00c3\u00a1 subiendo por la avenida 3 arriba de glorias patrias y quer\u00c3\u00adan saquear los \u00c3\u00a1rabes, en Merida.<\/p>\n<p>&mdash; Williams D\u00c3\u00a1vila (@williamsdavila) <a href=\"https:\/\/twitter.com\/williamsdavila\/status\/1105289297396146176?ref_src=twsrc%5Etfw\">March 12, 2019<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"es\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/Merida?src=hash&amp;ref_src=twsrc%5Etfw\">#Merida<\/a><br \/>Banco Bicentenario en Merida fue robado, s\u00c3\u00b3lo hab\u00c3\u00adan billetes del viejo cono monetario que terminaron tapizando las calles del centro de la ciudad<br \/>Venezuela es realismo magico y tragico<br \/>Sarai Suarez <a href=\"https:\/\/t.co\/lIeo2mpw70\">pic.twitter.com\/lIeo2mpw70<\/a><\/p>\n<p>&mdash; Nellie B. Izarza \u00f0\u0178\u0152\u00b9 \u00f0\u0178\u2021\u00bb\u00f0\u0178\u2021\u00aa\u00f0\u0178\u2021\u00ba\u00f0\u0178\u2021\u00b8 (@myteks) <a href=\"https:\/\/twitter.com\/myteks\/status\/1105276080146038785?ref_src=twsrc%5Etfw\">March 12, 2019<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In the second tweet above, the user references the &#8220;viejo cono monetario,&#8221; which a rough translation indicated that the cash seen in the streets was old money and had been phased out as currency. According to an archived <a href=\"https:\/\/web.archive.org\/web\/20181110120608\/https:\/\/monnaiesdumonde.net\/venezuela\/3468-venezuela-p103a-10-bolivares-soberano-2018.html\" target=\"_blank\" rel=\"noopener\">item<\/a> on a website about world currencies, Venezuela&#8217;s underwent a valuation change in August 2018:<\/p>\n<blockquote>\n<p>On August 20, 2018, the bolivar fort (bol\u00c3\u00advar fuerte) is replaced by the sovereign bolivar (bol\u00c3\u00advar soberano) at the rate of 1 sovereign bolivar per 100,000 bolivars strong. The change was originally scheduled for 4 June 2018 at a rate of 1 per 1000 but was eventually postponed by President Nicol\u00c3\u00a1s Maduro.<\/p>\n<\/blockquote>\n<p>A March 12 2019 article from a Venezuela news site \u00a0<a href=\"https:\/\/maduradas.com\/terrible-encapuchados-saquearon-banco-bicentenario-en-merida-y-esparcieron-bolivares-del-viejo-cono-monetario-por-las-calles-fotos\/\" target=\"_blank\" rel=\"noopener\">reported<\/a> on the incident, and a rough translation follows:<\/p>\n<blockquote>\n<p>On Monday, March 11 [2019], hooded individuals sacked the Bicentenario bank agency on Avenue 3, Glorias Patrias, in Merida state.<\/p>\n<p>That was confirmed by the deputy of the National Assembly Williams D\u00c3\u00a1vila, as well as by the correspondent of <em>El Nacional<\/em> in the state of M\u00c3\u00a9rida, Leonardo Le\u00c3\u00b3n.<\/p>\n<p>Through the social network Twitter, they reported that citizens scattered piles of old money bills in the streets, which were then set on fire.<\/p>\n<p>Le\u00c3\u00b3n said that after the incident, the troops arrived from the Bolivarian National Guard (GNB), State Police M\u00c3\u00a9rida and CICPC [Venezuela&#8217;s national police agency].<\/p>\n<\/blockquote>\n<p>According to a local news source, the circulating image and other related ones depicted the aftermath of a bank robbery in M\u00c3\u00a9rida, Venezuela. The currency seen in the street was &#8220;old money,&#8221; largely rendered worthless due to an August 2018 change in its valuation. Although the money in the gutter was of low value, it was &#8220;old money&#8221; and was discarded as a result of a bank incident. How much the hyperinflation and ensuing mass devaluation had to do with socialism rather <a href=\"https:\/\/www.cfr.org\/backgrounder\/venezuela-crisis\" target=\"_blank\" rel=\"noopener\">economic mismanagement<\/a> or <a href=\"https:\/\/www.bbc.com\/news\/world-latin-america-36319877\" target=\"_blank\" rel=\"noopener\">simple corruption<\/a> is a matter of debate both on and off social media, but the images are real.<\/p>\n<div class=\"sa-source-wrapper-outer\" onclick=\"jQuery('#sa-sources').toggle();\"><\/br><\/br> Original Source : <a href=\"https:\/\/www.truthorfiction.com\/does-an-image-show-worthless-money-in-the-gutter-in-venezuela\/\" target=\"_blank\">https:\/\/www.truthorfiction.com\/does-an-image-show-worthless-money-in-the-gutter-in-venezuela\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Disinformation Fact Checks Does an Image Show &#8216;Worthless&#8217; Money in the Gutter in Venezuela? A viral Facebook post claims that a photograph shows worthless currency abandoned in the street in Venezuela. Kim LaCapriaApril 4, 2019 Share Share Reddit WhatsApp Email Tweet Claim Photograph shows worthless currency abandoned in a Venezuela street gutter. Rating Decontextualized Share [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1327","post","type-post","status-publish","format-standard","hentry","category-hoax-inggris"],"_links":{"self":[{"href":"https:\/\/www.syyhoaxanalyzer.com\/index.php?rest_route=\/wp\/v2\/posts\/1327"}],"collection":[{"href":"https:\/\/www.syyhoaxanalyzer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.syyhoaxanalyzer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.syyhoaxanalyzer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.syyhoaxanalyzer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1327"}],"version-history":[{"count":0,"href":"https:\/\/www.syyhoaxanalyzer.com\/index.php?rest_route=\/wp\/v2\/posts\/1327\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.syyhoaxanalyzer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.syyhoaxanalyzer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1327"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.syyhoaxanalyzer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}