dollarization

Dollarization is a long way off if ever but it looks like at least some banks are working to get USD denominated debit cards working in Argentina. https://www.batimes.com.ar/news/economy/argentinas-central-bank-is-working-to-enable-dollar-debt-cards.phtml

Currency competition and dollarization: is Milei's economic plan going towards the Peruvian model or towards that of El Salvador? - Infobae Source...

Milei defended his dollarization plan and sent a strong warning to Congress: “I am going to veto any project that wants to break the bank” - Infobae Source...

Here is his plan. https://www.bloomberg.com/news/articles/2024-05-22/argentina-s-milei-lays-out-blueprint-toward-dollarization Non-Paywall: https://archive.is/RU0r4

Milei spoke again about the exit from the stocks: the plan to avoid an exchange crisis and the pending idea of dollarization - Infobae Source...

Milei confirmed that the issuance of pesos will be stopped and suggested people take their dollars out of the mattress - Infobae Source...

The President evaluates new disbursements from the IMF or private funds to accelerate the exit from the stocks and dollarization - Infobae Source...

Dollarization again at the center of the debate: defenders and detractors analyze how close it is - Infobae Source: https://www.infobae.com/economia/2024/02/15/la-dolarizacion-otra-vez-en-el-centro-del-debate-defensores-y-detractores-analizan-que-tan-cerca-esta/ February 15, 2024 By...

Destabilization, planned chaos, debt, dollarization and “attack” on governors: Cristina Kirchner's main criticisms of Milei - Infobae Source...

Economist Marina Dal Pogetto expressed her reservations about the recession facing the economy and the inflation figures for the coming months. EcoGo's Executive Director, Marina Dal Pogetto, analyzed the economic situation prior to the release of the inflation figure. She expects inflation...

Gaucho Group Holdings Anticipates Revenue Surge Amid Argentina's Monetary Shift - Yahoo Finance Source: https://finance.yahoo.com/news/gaucho-group-holdings-anticipates-revenue-152000095.html January 24, 2024 Milei's Dollarization Strategy Can Mean Significant Revenue Increases For...

This clown Milei still thinks he is going to dollarize. NOT happening. La Libertad Avanza’s predominant campaign topic has made a strong comeback – a recent report by JP Morgan warned that dollarisation in Argentina might fail, even if the necessary dollars are obtained, and former economy...

https://markets.businessinsider.com/news/currencies/argentina-currency-peso-recession-dollarization-dedollarization-inflation-debt-economist-2023-8

I’ll just leave this here and then show myself out. The amount of nonsense and vitriol I’m expecting is past the roof. In June, I asked what I thought was an innocent question: “What Would Dollarization Mean for Expats?” I got many great responses, but I also got idiotic responses that don’t...

Call me stupid but I asked my husband who lived in Argentina many years ago before we got married how this would work and what It means. He just told me they want to change everything to US dollars but told me it would be nearly impossible. I'm trying to do research to understand this as we...

Interesting that the Milei administration is still talking about dollarization. I figured with Caputo appointed, it was dead but saw this article today. https://www.voanews.com/a/argentina-contemplates-major-economic-reforms-including-dollarization-/7403656.html

New York Times - Paul Krugman: Why dollarization is a fantasy https://www.nytimes.com/2023/12/12/opinion/argentina-dollar-milei.html?unlocked_article_code=1.FU0.HKXj.GtnHfrgdpyJb&smid=nytcore-ios-share&referringSource=articleShare Do You Believe in Monetary Magic? Dec. 12, 2023, 2:13 p.m. ET

Argentina’s Big Dollarization Risk The country needs a hard currency, but finding the real peso-dollar market rate could be painful. By Mary Anastasia O’Grady Nov. 26, 2023 at 4:41 pm ET Argentine presidential candidate Javier Milei raises a mock-up dollar bill with his depiction on it at...

Lots of words in this analysis https://someunpleasant.substack.com/p/lets-go-liberty

Somebody with a Visa Card is going to stand out on the corner and make purchases with a U.S. Visa card for people who don't have one And somebody will do it for next to no premium....making very little. But rest assured...someone will do it. Net result...dollarized economy.