Sunday, August 19, 2018

Venezuela Cuts to Fight Inflation (Zeroes From Its Currency, That Is), by Nicholas Casey

 Faced with nearly incomprehensible inflation — 32,714 percent as of Wednesday — Venezuelan officials thought they had a solution: They changed the color of the bank notes and increased their denomination. Then they said they would lop off three zeros. And when that didn’t seem enough, they announced they would cut off two more.....

EN: https://www.nytimes.com/2018/08/16/world/americas/inflation-venezuela-currency.html?ref=nyt-es&mcid=nyt-es&subid=article

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