Archive | Inflation

Monetary Apocalypse Now: Venezuela

While the world watches Greece’s economy approach the cliff-edge, and Europe’s banking elite employ more and more desperate accounting tricks to magically conjure Eurozone solvency¬†– we would like to point our readers’ attention to Venezuela, which provides a useful illustration of what happens to all fiat currencies¬†on a long enough timeframe. The Venezuelan bolivar is […]

Continue Reading 5