rodrigoglozano on Nostr: There’s a discussion right now on whether Argentina should adopt the dollar as its ...
There’s a discussion right now on whether Argentina should adopt the dollar as its official currency or not.
As an international relations scholar, my main concern is that adopting the dollar at a time when most countries are drifting away from that currency could prove to be yet another strategic error in Argentina’s record.
However, it’s staggering how the opposing side has no alternative proposition whatsoever - they’d rather not do anything about the inflation at all. The so called “progressives” would rather keep the most regressive tax of all until we dollarize de facto. Out of empathy for the poorest, even I would rather have Argentina adopt the USD 🤦🏻♂️
As an international relations scholar, my main concern is that adopting the dollar at a time when most countries are drifting away from that currency could prove to be yet another strategic error in Argentina’s record.
However, it’s staggering how the opposing side has no alternative proposition whatsoever - they’d rather not do anything about the inflation at all. The so called “progressives” would rather keep the most regressive tax of all until we dollarize de facto. Out of empathy for the poorest, even I would rather have Argentina adopt the USD 🤦🏻♂️