The recent economic history of Venezuela doesn't in fact have anything to boast about unless it's incompetence and wilful stupidity. But they have finally booted out the central banker responsible for much of the mess. No, he did not cause the heart of the problem, that destruction of the price system, but it is the central bank governor's job to resign if economic policy is being wilfully stupid. Venezuela's central bank and Information Ministry did not immediately respond to a request for comment. Thus the person responsible for monetary policy should get it in the neck for such a performance.

Source: Forbes January 21, 2017 17:14 UTC