Mises Wire

Venezuela's Economic Collapse Was Enabled by its Central Bank

Money and BanksWorld History

Blog01/22/2019

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

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Venezuela's Bizarre System of Exchange Rates

Global EconomyMoney and BanksMoney and Banking

01/07/2016Mises Wire
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.
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