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RE: The one million bolivar banknote - El billete de un millón de bolivares

in Project HOPE3 years ago

Hello @joseph1956, the new monetary cone that the Central Bank of Venezuela put into circulation as of March 8 will not be of great help, because the experiences tell us that every time new bills are issued the products raise their prices, this is because that money is inorganic and makes the levels of hyperinflation continue to rise, and very true your comment the putting into circulation of this new monetary cone contradicts what Maduro said a few days ago when he informed the country 100% of the digital economy.
Very interesting article.

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As I said in a previous comment, this will bring more problems and as you say, everything will go up.