Bolivia: Hyperinflation shock therapy

[Sapiens]

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[tjsammon]

Very interesting, I actually spent some time in Bolivia in the late 1980's and by then the currency was quite stable, I did experience the end of the Argentinian inflation and it was disturbing - only change as much money as you needed for the day (at most) My least expensive hotel stay was $0.25 per night.

While inflation is unlikely to ever be this bad in the USA it is very unwise to ignore the laws of nature - too much debt will eventually cause big problems!