Not long ago, the Venezuelan bolivar was a pretty stable currency.  I remember something like one dollar equaled five bolivares.  I also remember that it was at that rate for quite some time. "No más," as Roberto Duran said while boxing Sugar Ray Leonard.  The Maduro government has decided to play the inflation game by simply printing more bills, as we see in the New York Times: Venezuela’s government began to issue new bank notes on Monday to replace the 100-bolívar bill, made virtually worthless by hyperinflation. President Nicolás Maduro announced early last month that new notes would be issued to replace the old ones, a measure that promised to lighten the load for many Venezuelans, who must carry around bags of cash for even the simplest transactions. The 100-bolívar note is worth about 2.8 American cents at Monday’s black market rate. The new notes range from 500 to 20,000...(Read Full Post)