In 1985, Bolivia’s inflation rate hit . Shelves were empty. The currency was worthless.
Enter – an economist armed with a chainsaw (figuratively) and a bold plan. horacio cardenas
The result? Inflation dropped to single digits in . Bolivia went from crisis to stability – a case study still taught in economics today. In 1985, Bolivia’s inflation rate hit
His 1985 shock therapy tamed hyperinflation in months, not years. A masterclass in bold economic reform. horacio cardenas
A legacy of tough choices. 🇧🇴📊
Horacio Cárdenas walked into an economy with 25,000% inflation… and walked out a hero. 🇧🇴📉
Cárdenas proved that shock therapy, though painful, could work when political will meets technical rigor.