Venezuela acaba de devaluar el bolívar en un 95 por ciento para aliviar la hiperinflación que hizo subir los precios a niveles inconcebibles. Un economista cree que no va a funcionar.
- Professor of International Political Economy, University of California, Santa Barbara
Venezuela recently devalued its bolivar by 95 percent to tame rabid hyperinflation that has been sending prices on everyday goods through the roof. If history is a guide, it won’t work.
The treasury secretary said a weak dollar would be ‘good’ for the U.S. Here’s why he’s wrong.
Universities play a vital role in promoting economic growth, something the writers of the Republican tax plan have apparently forgotten.
Currency wars have been predicted for years. Outright monetary battles were last seen during the Great Depression of the 1930s, when governments competed to devalue their currencies to gain market advantage…
Russia’s currency is in free fall. Since mid-year, the incredible shrinking ruble has lost close to half its value, and it is anyone’s guess how much further it might go. Whatever happens, the geopolitical…
Recent months have seen a sharp jump in the value of the greenback, with more gains expected in the months ahead. After a period of prolonged weakness, the US currency once again is walking tall. Americans…
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