Here is my Bloomberg column on that topic, here is the trickiest point: Another concern, more significant, is that dollarization would be a huge upfront cost to the government of Argentina: Someone would have to actually come up with all the dollars to serve as currency. Keep in mind, however, that the economy of Argentina […]
The post Argentina should dollarize appeared first on Marginal REVOLUTION.
Comments In reply to Bob. The bigger problem in Argentina is going to ... by Dustin * I agree with Tyler on this one. Dollarization isn't the only ... by Andrew * Monroe Doctrine, British Imperialism, etc. by Do a Malvinas for $US swap * In reply to Phil S.. The haircut already happened in ... by Bob * Assuming they announce dollarization, who would then hold pesos ... by M * Plus 10 more... Related Stories Speeding up Science * The economic impact of AI * Market depletion and the income of doctors