inflation

Español"Bitcoin adoption in Venezuela will explode any time now," one early cryptocurrency adopter in the South American nation confidently predicts. Bitcoin experts argue that the worse an economy is, the more interest there is about the…
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EspañolMore than a month later, Venezuelan President Nicolás Maduro has yet to unveil the details of the "economic overhaul" he announced would address the nation's current crisis. Meanwhile, the black-market exchange rate of bolívares…
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EspañolSometimes you have to laugh to keep from crying, and Venezuelan Twitter users have sought to make light of the nation's crisis with #AdoptaUnVenezolano (adopt a Venezuelan). This new hashtag comes in the wake of measures to…
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EspañolAs the end of President Cristina Fernández de Kirchner's term approaches, it becomes more apparent what kind of legacy she'll leave behind after eight years in office. The multiple problems that the next administration will…
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Español José Piñera once said, "Latin America is not poor, it is impoverished." Truer words have never been spoken, especially by a man that played a pivotal role in the Chilean Miracle, one of the most successful economic turnarounds in…
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EspañolThe Argentinean government has hired a private firm to measure inflation, demonstrating distrust in its own disputed statistics, says a report published on Monday, January 1, by the investigative journalism blog Eliminando Variables.…
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EspañolPrice controls in Panama are not going away any time soon. The national government announced on Wednesday that the emergency price holds on 22 food products will be extended until June 2015 — six more months than originally planned.…
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EspañolAs President Nicolás Maduro forges ahead with 21st-century socialism, new Christmas traditions are emerging in Venezuela. Huge queues of people waiting to buy supplies or gifts are only the most visible symptom. Citizens face…
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EspañolThe Christina Kirchner administration has its sights set on opposition members of Congress who release a monthly alternative inflationary index called Index Price Consumer Congress (IPC Congress). According to Infobae, the Ministry…
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Español The calculation of inflation, the "ongoing fall in the overall purchasing power of the monetary unit," is no easy task. Authoritarian regimes also tend to resist reporting it, or they misreport it when they do. So readers are…
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Español The government monopoly of the issue of money was bad enough so long as metallic money predominated. But it became an unrelieved calamity since paper money (or other token money), which can provide the best and the worst money,…
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EspañolThe inflation rate in Argentina has reached historic highs, according to figures by members of Congress on Tuesday. Opposition legislators announced that inflation rose 2.48 percent in September, translating to a yearly rate of 41.06…
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