To keep the peso stable they are channeling money into the economy. The price they will pay is inflation eroding the value of salaries and discouraging investment in the country.
You either control inflation or the exchange rate. You can't do both.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.