Capital Maintenance in Units of Constant Purchasing Power in terms of the Daily CPI: Venezuela should abandon their home-grown currency board and re-instate fractional reserve banking.

Showing posts with label Venezuela should abandon their home-grown currency board and re-instate fractional reserve banking.. Show all posts

Showing posts with label Venezuela should abandon their home-grown currency board and re-instate fractional reserve banking.. Show all posts

Tuesday 25 May 2010

Venezuela should abandon their home-grown currency board and re-instate fractional reserve banking.

In my opinion Venezuelans should work towards a normal mixed economy with fractional reserve banking. At the moment Venezuela´s monetary ...