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Published 7 years ago by jerinoos with 1 Comments
by jerinoos
7 years ago 1

Venezuela’s Currency Just Had the Biggest Monthly Collapse Ever

Venezuela’s currency - the so-called “strong bolivar” - is weakening beyond levels that analysts had forecast just a few weeks ago as an expanding money supply chases a limited amount of U.S. dollars.

Continue Reading https://www.bloomberg.com

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  • leweb
    +3

    Economics according to Maduro: we can print unlimited amounts of money but there will be no inflation, because we will make inflation illegal. Why has nobody thought of this before?

    7 years ago
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