I don’t think that switching to USD is the best solution. But at least it should limit the ridiculous amount of money printed. The inflation in Argentina is crazy.
In Spain if we were the only owners of the Euro we would be printing money to solve absolutely any problem. Generating even more inflation.
I don’t think that switching to USD is the best solution. But at least it should limit the ridiculous amount of money printed. The inflation in Argentina is crazy.
In Spain if we were the only owners of the Euro we would be printing money to solve absolutely any problem. Generating even more inflation.
I agree I wonder what his reasoning is for changing to the dollar over say going backed by gold or silver.
USD It is the second most popular currency in Argentina.
And the first choice for savings.
(I’d prefer EUR rather than USD as it’s more decentralised).