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Venezuela's Economic Collapse Was Enabled by its Central Bank

Money and BanksWorld History

Blog01/22/2019Maria Horat

The Venezuelan central bank helped the regime destroy the middle class's wealth for many years.

Venezuela’s Bizarrely Complex System of Exchange Rates

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Venezuela's Bizarre System of Exchange Rates

Global EconomyMoney and BanksMoney and Banking

01/07/2016Mises WireEmiliana DisilvestroDavid Howden

Many people know that the Venezuelan economy is subject to byzantine price controls and other regulations. But on top of it all is a highly complex, bureaucratic, and damaging system of government-controlled monetary exchange rates.

Chilean Protesters Could End Chile's Decades of Progress

José Niño

The history of Latin America is filled with tragic stories of countries reaching great heights — Argentina and Venezuela come to mind — and then falling back to mediocrity. Chile could be next if the protesters get their way.

Teacher Unions Destroy School Accountability

Robert Fellner

The Clark County School District evaluated itself, and it determined that all the teachers and administrators are doing a great job — and by the way, the union deserves more money.

Why Central Banks Aren't Really Setting Interest Rates

Frank Shostak

Central banks can only distort and mask real interest rates with monetary policy. Interest rates are really set by each individual's time preference.

The Silicon Valley Gulag

Jason Morgan

In his new book Google Archipelago, Rectenwald asserts the Google Archipelago re-upping of Marx is not only practically Marxist, but conceptually and structurally so.