Tag Archives: Currency Wars

This is what textbook capital controls look like – Simon Black

Posted on February 12, 2013 by DRenegade

February 12, 2013 Buenos Aires, Argentina Selling snake oil and issuing unbacked paper currency are not so different. They’re both wildly successful ploys for the guys pulling the strings. And they’re both complete scams that depend solely on the confidence … Continue reading →

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Venezuela Launches First Nuke In Currency Wars, Devalues Currency By 46%

Posted on February 8, 2013 by DRenegade

While the rest of the developed world is scrambling here and there, politely prodding its central bankers to destroy their relative currencies, all the while naming said devaluation assorted names, “quantitative easing” being the most popular, here comes Venezuela and … Continue reading →

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