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Venezuela to Discuss Dollarization Plan with Local Banks

9 pointsby jpkoningover 4 years ago

1 comment

MeinBlutIstBlauover 4 years ago
The irony here is that the people independently adopted this because the government has been so corrupt. I know we can get into a debate about it being &quot;true communism&quot; but the people adopted this specifically because the government couldn&#x27;t control inflation.<p>Now their only way out is through tried and true capitalist ideals of the free market. As much as governments hate dealing with unforseen circumstances, they can only control so much before they themselves become insolvent.