In 1998, thanks to President Bill Clinton and the IMF, the Indonesian rupiah collapsed, and inflation surged. I know every act in this play because I had a front row seat as Suharto's Special Counselor. The prospect of a currency board unleashed a counter-attack from the White House and the IMF.
In 1998, thanks to President Bill Clinton and the IMF, the Indonesian rupiah collapsed, and inflation surged. I know every act in this play because I had a front row seat as Suharto's Special Counselor. The prospect of a currency board unleashed a counter-attack from the White House and the IMF.
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