« Economic history is hard | Main | Environmental disasters are hard to stop, even in the Netherlands »

February 15, 2018


Feed You can follow this conversation by subscribing to the comment feed for this post.

Hi Noel, actually -- prestige goes both ways! Colombian people like to say that we are one of two countries in Latin America that still conserve the original currency (Paraguay being the other one). And hence we can brag about our responsible monetary policy (if you're in those circles where responsible mon policy is something to brag about). Getting rid of zeros would mean losing that prestige

I hadn't thought of that! Still, while it's true that Colombian currency management has been better than most other Latin American nations, the money has nonetheless depreciated by a factor of almost 2,000 compared to the parity with the dollar it enjoyed as late as 1931. That's got to rankle on its own terms, no?

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.


Post a comment

Your Information

(Name and email address are required. Email address will not be displayed with the comment.)