Venezuela's fast currency footwork

[Rodent + 1,424]

I'm no Econ major, but removing some zeros from their currency doesn't seem like it would solve Venezuela's problems. Is this kicking the can, or is it even more meaningless than that?

https://www.bloomberg.com/news/articles/2018-07-26/venezuela-delays-new-currency-rollout-slashes-more-zeros

 

[jose chalhoub + 388]

far from solving the problem it will worsen it for sure. As long as we dont get lots and lots of funding from the IMF or our stolen money back (around 50 billions of dollars or little less than that) the government could keep on printing whatever they want to but wont solve the hyperinflation that is sucking up many venezuelan lives today. 

[jose chalhoub + 388]

https://www.bloomberg.com/news/articles/2018-07-26/imf-s-1-000-000-inflation-forecast-is-looking-low-for-venezuela just another read for this despicable situation going on in the largest oil reserve of the world.. @Rodent