Re:Venezuela’s Currency Has Had its Biggest Monthly Collapse
by ptaipale on Thursday November 24, 2016 @05:41PM
(#13033253)
And in addition to deficit and currency controls, also price controls which have destroyed markets. Then you have a political police enforcing silly laws about companies will have to continue to produce something even when it is economically unfeasible. In the short term you get some physical deliverables like bread next week; in the long term you get a dysfunctional economy.
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