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U.S. plans to destroy bolivars and pump dollars into Venezuela

Christian Fernsby |
The U.S. President Donald Trump's administration is considering pumping dollars into Venezuela in any possible way if the regime of Nicolas Maduro fails.

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The U.S. is already in talks with Juan Guaido,the Venezuelan opposition chief the U.S. has recognized as the nation’s leader, to develop an economic rescue and restructuring plan for the country that could begin immediately, should Maduro step down or be deposed, National Economic Council Director Larry Kudlow said Wednesday at an event in Washington hosted by the Christian Science Monitor.

The U.S. is planning to employ “banks, iPhones, apps and many clever ways to get cash in there,” Kudlow said. “And the cash will not be bolivars, it will be dollars. At least in the beginning so there’s no demand for bolivars.”

The U.S. Treasury, the National Security Council, NEC and International Monetary Fund are all working on the plan, he said, adding that the White House “will move rapidly” with if leadership changes.

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