Not uncommon at all. Around 60 countries either peg their currency to the USD or outright use the USD as their nation's currency.
Not uncommon at all. Around 60 countries either peg their currency to the USD or outright use the USD as their nation's currency.
Which is dumb unless your currency has gone batshit insane since you're only importing US inflation by doing so, also, you lose any semblance of sovereignty of course, that goes with the package
>Argentina's presidential frontrunner says he wants to replace the peso with the US dollar. Javier Milei said that this could help tame inflation in the country, which hit 109% in May. If Argentina adopts the greenback, it would become the biggest economy to dollarize.
Yeah well, exactly what I was saying
Which is dumb unless your currency has gone batshit insane since you're only importing US inflation by doing so, also, you lose any semblance of sovereignty of course, that goes with the package
>>Argentina's presidential frontrunner says he wants to replace the peso with the US dollar.
Javier Milei said that this could help tame inflation in the country, **which hit 109% in May.**
If Argentina adopts the greenback, it would become the biggest economy to dollarize.
Yeah well, exactly what I was saying
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