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Yes, that's one way. The other is to price everything in both dollars and pesos and accept both. Eventually, the dollar will dominate and they can work towards
by WheelsAtLarge 3y ago
Yes, that's one way. The other is to price everything in both dollars and pesos and accept both. Eventually, the dollar will dominate and they can work towards the complete change. It's also something they can do very quickly and it's less shocking to the economy.
I doubt they can come up with enough dollars in one shot to switch over all at once so that's unlikely.
- 7thaccount 3y agoGood point about dual acceptance as this is already occuring anyway. Thanks!