EKIP– Expert Club for Economics and Politics A Different Opinion
Author: Steve Hanke, Forbes.com After Bulgaria escaped communism in 1990, Bulgarians experienced several hardships. The economy collapsed, there were bankruptcies, and this Balkan paradise experienced hyperinflation, reaching a staggering 242% in February 1997. Yes, on a monthly basis. Anticipating many of the problems that follow currency devaluation, I became …
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