Cuba Can’t Afford to Print Its Own Hyperinflated Currency
Babalu Blog Money is in short supply in Cuba, like everything else. Hyperinflation has caused a shortage of paper currency on the island prison, but Castro, Inc. doesn’t have the [Read More]
hyperinflation
Venezuelan Style Hyperinflation on the Menu
Bloomberg To fathom just how rampant inflation now is in some corners of the US, duck into the Miami River Cafe, a Mexican place in the city’s East Little Havana district. [Read More]
Venezuela To Lop Off Six More Zeroes From Their Currency
Bloomberg Venezuela is preparing to once again lop off zeroes from the national currency in an attempt to simplify daily transactions which sometimes barely fit on a calculator or require [Read More]
One Million Venezuelan Bolivars = 53 Cents US.
Bloomberg Venezuela said it will introduce new large-denomination bolivar notes as hyperinflation renders most bills worthless, forcing citizens to turn to the U.S. dollar for everyday transactions. The country’s central [Read More]