(picture from Wix's library) Hello everyone! Ok ok… I’m sorry for using such a click-bait title. Mr. Maduro is not literally burning gold from the reserves of the government. Hey! Look on the bright side: you’re here and reading this amazing article now!!!! Mr. Maduro is however burning through the gold reserves of Venezuela, in other words of the Venezuelan people, to finance his operations. Let’s try to see why. First, a bit of context: My last article described the general

(picture from Wix's library) Hello everyone! As some of you might know, I’m particularly interested in countries that generate what economists call “hyperinflation”. I’ve followed very closely the developments in Zimbabwe around a decade ago as well as studied the cases of Brazil and Peru in the 80s and beginning of the 90s. A few years ago, my interest shifted to Venezuela and its infamous leader: Mr. Maduro. Before I get all excited sharing with you guys what I’ve heard, se