Carmelina Lanza
Carmelina Lanza is a respected Venezuelan economist who focuses on the effects of monetary policy and production levels on the bolívar's value. She argues that the increase in the money supply without productive backing exacerbates the currency's depreciation, and she highlights the challenges posed by low domestic production and high dependency on imports.
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Venezuela:
Carmelina Lanza affirmed that the depreciation of the bolívar against the dollar is mainly due to an increase in the monetary supply without productive backing.
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