Challenges of Hyperinflation in Venezuela and Economic Strategies

The chapter examines the hyperinflation crisis in Venezuela, discussing structural issues, efforts to reduce food dependence, land reform struggles, and implementing Modern Monetary Theory (MMT). It also explores government bonds as a funding mechanism, contrasts them with private borrowing, and explains the shift to a book accounting system with central bank securities. The impact of Quantitative Easing (QE) on the economy, interest rates, and financial structures is also analyzed in detail.