Horacio - Cardenas

#HoracioCardenas #Economics #Bolivia

His 1985 shock therapy tamed hyperinflation in months, not years. A masterclass in bold economic reform. horacio cardenas

#HoracioCardenas #Economics #Bolivia #FreeMarkets #Inflation #EconomicHistory he implemented Decree 21060

A legacy of tough choices. 🇧🇴📊

As Minister of Finance, he implemented Decree 21060, which: ✂️ Slashed government spending 🏦 Stopped printing money 💵 Pegged the peso to the dollar 📈 Opened the economy to free markets horacio cardenas