Venezuela Issues New Currency in Attempt to Fight Inflation
(From UPI)
Venezuela introduced a new currency, backed by a cryptocurrency, Monday in an effort to combat the country’s hyperinflation.
The country issued new sovereign bolivar bank notes, which cut five zeroes from the end of the former bolivar currency and decreased its value by 95 percent.
http://www.againstcronycapitalism.org/
Source: https://www.ac2news.com/2018/08/venezuela-issues-new-currency-in-attempt-to-fight-inflation/
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