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Lebanon Inflation Rate Surges to 211%, Economist Steve Hanke Recommends a Currency Board

Lebanon Inflation Rate Surges to 211%, Economist Steve Hanke Recommends a Currency Board


Bitcoin.com
2022-06-26 07:30:45

As political leaders in crisis-hit Lebanon bicker over positions in the yet-to-be-formed government, the country’s runaway inflation rate surged to 211% in May 2022, new data has shown. Economist Steve Hanke insists that a currency board is a solution to Lebanon’s currency woes. Black Market in Fuel Driving Inflation The inflation rate in crisis-torn Lebanon […]


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