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This is the part where the US officially turns itself into a third-world banana republic, by actually aligning their currency to those failed states. The US do
by vFunct 1y ago
This is the part where the US officially turns itself into a third-world banana republic, by actually aligning their currency to those failed states.
The US dollar has already dropped by 10% since this new administration took power, so why not completely tank it?
- JumpCrisscross 1y ago> by actually aligning their currency to those failed states Argentina’s economy is the size of Michigan’s [1][2]. (14th.) Its entire dollar reserves are less than half of the budget of New York City [3][4]. The impact of many single tariffs vastly outstrips the maximum effects of a swap line with Argentina on the U.S. dollar. [1] https://en.m.wikipedia.org/wiki/Economy_of_Argentina https://en.m.wikipedia.org/wiki/Economy_of_Argentina [2] https://en.m.wikipedia.org/wiki/List_of_U.S._states_and_territories_by_GDP https://en.m.wikipedia.org/wiki/List_of_U.S._states_and_terr... [3] https://www.reuters.com/world/americas/argentinas-central-bank-makes-biggest-daily-dollar-sale-six-years-curb-peso-2025-09-19/ https://www.reuters.com/world/americas/argentinas-central-ba... [4] https://council.nyc.gov/budget/wp-content/uploads/sites/54/2024/12/Fall-2024-November-Plan-Final-Merged.pdf https://council.nyc.gov/budget/wp-content/uploads/sites/54/2...
- gus_massa 1y agoThe monthly inflation of the last precedent was 13%, now it's only like 2% or 3%. The price of the dollar goes up and down mysteriously. We had some restrictions that caused a fake official price, but this is a graph of the unofficial exchange rate https://dolarhoy.com/historico-dolar-blue https://dolarhoy.com/historico-dolar-blue (press 3Y).