Where did I say currency value was entirely out of their hands? Look, I’m not defending Chavez (he was the one who took out the loans) and I’m not defending mo

Where did I say currency value was entirely out of their hands? Look, I’m not defending Chavez (he was the one who took out the loans) and I’m not defending money printing as a way to pay debts, but that’s what happened. They got huge loans from the IMF, and then when the price of oil tanked unexpectedly they tried to print their way out of it. Then they defaulted on most of those debts, and the USA slapped sanctions on them and tried to coup their government. None of that helped.