What will increased government control of banking in Venezuela mean for the country’s citizens?



  1. 0 Votes

    Publicization of banks means that economic policy regaurding monetary policy (such as exchange rates, interest rates, ect) will become more closely regulated than if the banks were private. A government is by nature going to be more conservative with how it handles its money, valuing security over a high risk/reward system that could be more appealing to a private company.

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