What Would Dollarization Mean for Expats?

[Jerry Nelson]

Forget dedollarization — Argentina may adopt the greenback as its currency and abandon the peso

If Argentina adopts the greenback, it would become the biggest economy so far to dollarize, according to Bloomberg.

markets.businessinsider.com

 

[sergio]

Forget dedollarization — Argentina may adopt the greenback as its currency and abandon the peso

If Argentina adopts the greenback, it would become the biggest economy so far to dollarize, according to Bloomberg.

markets.businessinsider.com

I suppose it would mean a more stable economy and a higher COL just like the first Menem term when Argentina was a relatively expensive country due to the peg to the dollar but I'm not an economist. Maybe someone knows better.

 

[Ronnie Hotdogs]

If Milei gets in then in the short term it’s going to be absolute chaos, god knows how many people depend on the state for survival?

Are they just expected to starve to death?

It could turn nasty quite quickly.

 

[HectorH]

Crazy article, Milei has no chance. Third place if he's lucky. Where'd they get frontrunner from?

 

[carride]

The reporter graduated from college last May. Though he has written many articles, there is little or nothing about Argentina. Obviously without an editor if they allow a report which suggests Milei is the front-runner.

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Filip De Mott reports on financial markets and the economy at Business Insider, often covering crypto, geopolitics, and commodities. Contact him at [email protected] stories:Why the US might start amassing bitcoin under Trump, and what that means for its priceHow Saudi Arabia...

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[Alby]

From 29:22 Pagni discusses a survey that FDT are paying attention to in their interna. For the PASO phase, it shows Millei running a close second to Juntos, and FDT third:

 

[HectorH]

From 29:22 Pagni discusses a survey that FDT are paying attention to in their interna. For the PASO phase, it shows Millei running a close second to Juntos, and FDT third:

Lol

 

[sts7049]

Crazy article, Milei has no chance. Third place if he's lucky. Where'd they get frontrunner from?

remember that trump won. everyone has a chance

 

[elhombresinnombre]

What would this mean? It would mean that Milei had won so dollarisation would be the least of the country's problems

 

[Johnny]

And just because Milei promotes dollarisation that doesn't mean he would actually go through with it.