It is not the sort of quantitative easing approach you will read about in any economic textbooks, but Venezuelan President Nicolás Maduro has apparently found an innovative way to halt his country’s slide into hyperinflation. Over the weekend, Maduro abruptly outlawed the 100-bolivar bank note, the largest denomination of the country’s currency, giving Venezuelans until […]
Source: http://www.washingtonpost.com/blogs/worldviews/wp/2016/12/13/how-to-fight-hyperinflation-in-venezuela-by-seizing-massive-amounts-of-cash/
No comments:
Post a Comment