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Topic: dollarization

The city of Caracas seen from El Ávila

Saturday, 8/22, 09:52 PM

Venezuela is weighing the end of the bolivar. Dollarization fixes one problem and locks in another

Steve Hanke of Johns Hopkins, now a special adviser to Venezuela's National Assembly, is proposing that the country abandon the bolivar for the US dollar, and puts the odds of approval at 50% to 80%.
Inflation is running in the hundreds of percent and the currency has lost 78% against the dollar in a year.
The case is strong.

dollarization — news and stories on this topic

This page collects all of Boursel's coverage of dollarization. Follow the topic from one place: new stories appear here automatically as more is published. That way you stay on top of how the situation develops.

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