A country like Venezuela has had high inflations, making its bolivar worthless. Answer the following:

How could their inflationary problem be resolved once and for all? Consider and remark on the the following solutions, considering what they involve and how effective they might be.

a. A full official dollarization b. Adoption of BitCoin or nother crypto currency such as the Petrolo. c. Legislation mandating a balanced budget approved by the Congress and signed into law by the President.

3. Which of these do you think is the most likely to succeed, if any