Yeah, I don't have any real objection to this - why would people not have political opinions that work to their own advantage.
But when you get some goofy people claiming that only Americans do that, or that it's bad for people to do it . . . that's when you know that they're not serious.
Anyway,
this one is interesting: “Argentina does not have the dollars to dollarize, and it does not have access to the financial market to obtain dollars. The only thing this would do is inject more Argentine securities into the hands of the international private sector, directly or indirectly, therefore further lowering the value of Argentine securities.”
Alejandro Werner is not particularly credible, and in typical terms if the country does want to dollarize, it will need to work closely with the IMF.
But Milei is proposing something much more radical, which is something approximating gradual legalization of the dollar for domestic transactions (one assumes paying taxes and so forth).
Massa and the critics are definitely correct that it will lead to a giant jump in the cost of some services and almost all products, particularly in conjunction with Milei's plans to cut subsidies across the board.
It will be a very tough time for a couple years, and Argentina will never again be as cheap for foreigners. But ultimately for sure they finally get out of this ridiculous spiral they have been in for so long, and join the rest of the world (particularly Asia) in becoming wealthy again. Dominican Republic
is on track, and Argentina has so much more going for it.