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How can Venezuela counter Hyperinflation?

How can Venezuela counter Hyperinflation? In my last blog I have discussed Venezuela’s hyperinflation, and what are the reasons for it, now I am going to talk about how Venezuela can counter this. These are my personal thoughts. Many of you can have a contrasting view than me. Countering inflation is not easy it and steps taken to control it will not show its effects on economy quickly. To counter the situation, I divided this into two parts. The first thing the Govt. should stop spreading inflation and after that hyperinflation can be lowered. 1.       How to stop spreading of Inflation –                                                            The first aim ...