3 ms·
Argentina is effectively on the USD anyway. The peso has lost so much value that people quote prices in dollars for real estate and other large items, and conv
by projektfu 3y ago
Argentina is effectively on the USD anyway. The peso has lost so much value that people quote prices in dollars for real estate and other large items, and convert dollars every day to pesos to buy ordinary things, but not from the official channels because they do not give you a market rate.
- jowea 3y agoI wonder if dollarization will be an improvement just from the less bureaucracy and need to get around the government to do things as they are already done.
- Mystery-Machine 3y agoYes, but also from the point of view that it will get rid of 140%+ year over year inflation.