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El Salvador has used USD as a currrency since 2001.
by ncpa-cpl 5y ago
El Salvador has used USD as a currrency since 2001.
- graeme 5y agoWhat’s your point? That’s consistent with my example: everyone used USD so all economic transactions are grounded in it and nothing fluctuates. The consequences of adopting a foreign currency are lack of control over monetary policy, rather than day to day fluctuations.