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Venezuela’s Bold Dollar Plan | Venezuela News
A Venezuelan opposition lawmaker is sparking a firestorm by proposing to fully replace the bolívar with the US dollar, backed by economist Steve Hanke’s proven stabilization model. Ecarri argues this is the only way to halt runaway inflation and protect citizens’ savings, even as he faces expulsion from key parliamentary roles and an official investigation. While he insists Venezuela is already dollarized in practice and has the oil wealth to sustain it, critics warn the move would lock the country into U.S. economic control and eliminate vital policy flexibility. Listen in comfort:Get a…
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