Taming Hyperinflation: A perspective from a skeptic of monetarism
My research suggests rapid money supply growth does not cause ordinary inflation. But I want to be clear that hyperinflation is a whole other story.
We’ve been able to hang on for 19 years in one of the craziest media landscapes in the world. Now, the difficulty level was raised abruptly with the global pandemic. We’ve seen different media outlets in Venezuela (and abroad) cutting personnel to avoid closing shop. This is something we’re looking to avoid at all costs, and it seems we will. But your collaboration goes a long way in helping us weather the storm.
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