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Tag Archives: Currency Wars
This is what textbook capital controls look like – Simon Black
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
Venezuela Launches First Nuke In Currency Wars, Devalues Currency By 46%
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
Posted in Editorial, Financial
Tagged Currency Wars, Venezuela
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