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View Full Version : Bolivia: Hyperinflation shock therapy



Sapiens
05-22-07, 09:51 AM
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tjsammon
05-24-07, 08:18 AM
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!