Venezuela’s Currency Has Had its Biggest Monthly Collapse

Re:Venezuela’s Currency Has Had its Biggest Monthly Collapse by nickik on Thursday November 24, 2016 @05:25PM (#13033166)

I disagree with your assertion about 'depressed' countries having to inflate. The only reason that they got so depressed is because of bad government and way to much printing. You can't then turn around and say 'we already fucked it up' so destroying the monetary system now is good.

Stabilizing the monetary system, reduce government spending and deregulation is the only solution.

Its never impossible to get out of Inflation, there are only bad greedy governments that can't get there shit together. Its never a economic problem, just a political one.

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Re:Venezuela’s Currency Has Had its Biggest Monthly Collapse by ptaipale on Thursday November 24, 2016 @05:28PM (#13033180)

I suppose you mean deregulation. Regulation (in particular, price regulation) is what got them into this mess.

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Re:Venezuela’s Currency Has Had its Biggest Monthly Collapse by nickik on Thursday November 24, 2016 @05:38PM (#13033241)

Yes I did, sorry.

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Re:Venezuela’s Currency Has Had its Biggest Monthly Collapse by ptaipale on Thursday November 24, 2016 @05:42PM (#13033255)

Thought so :)

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