Last week there was a news citing Venezuela as forcing the citizens to the use of this currency. But if the citizens don't want it will create political tensions in the country, besides the one already there. the president is going to lose his chair during the next election.
I know the headaches it is to change the national currency, they take the opportunity to increase the prices. If the wage does, no problem, but if not it' will make the population poorer
I know the headaches it is to change the national currency, they take the opportunity to increase the prices. If the wage does, no problem, but if not it' will make the population poorer
I'm surprised the current President has decided to do this as this is making the situation already worse, I don't think all citizens will have access to net or even know how to use it. Yes I'll agree this is bound to create political troubles for the already troubled country. I'm not seeing any sense in doing this yes some will say petro will gain adoption, but at the cost of the ruling party being ousted, confusion in the minds of public I would call this very bad decision, and hope it gets reversed.
