Horacio Cardenas Here

Cárdenas proved that shock therapy, though painful, could work when political will meets technical rigor.

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#HoracioCardenas #Economics #Bolivia

As Minister of Finance, he implemented Decree 21060, which: ✂️ Slashed government spending 🏦 Stopped printing money 💵 Pegged the peso to the dollar 📈 Opened the economy to free markets

Would you take the chainsaw to spending to save a country? 💰✂️ horacio cardenas

In 1985, Bolivia’s inflation rate hit . Shelves were empty. The currency was worthless.

Horacio Cárdenas walked into an economy with 25,000% inflation… and walked out a hero. 🇧🇴📉 Cárdenas proved that shock therapy, though painful, could

💬 "Inflation is the cruelest tax. It falls hardest on those who can least afford it." — Horacio Cárdenas