Re:Venezuela Follows India’s Example and Voids Half of Its Cash
by gozur88 on Saturday December 17, 2016 @04:17AM
(#13199973)
Yeah, if you were a criminal in a country where the local currency was inflating like that you'd do business in dollars or euros.
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Re:Venezuela Follows India’s Example and Voids Half of Its Cash
by ZenoArrow on Saturday December 17, 2016 @05:28AM
(#13200095)
True, though controlling the supply of the local currency can also be used to control the prices that citizens pay for goods, which can be used to drive more people into the black market.