The result? Inflation dropped to single digits in . Bolivia went from crisis to stability – a case study still taught in economics today.
Enter – an economist armed with a chainsaw (figuratively) and a bold plan. horacio cardenas
👉 Would you have supported his drastic measures to save an economy? The result
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 he implemented Decree 21060