Month: April 2024

This post is a correction to my prior post assessing Argentinian President Javier Milei’s idea to dollarize Argentina. The main thesis in the prior post is incorrect. Argentina already has a United States dollar economy at all levels, even outside the big city tourist areas like Buenos Aires. So there …

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Newly elected Argentine President Javier Milei, a self-described libertarian, plans to replace Argentina’s current currency, the Argentinian peso, with the United States Dollar(USD). Is this policy workable, consequential, and/or good? Let’s tackle each aspect in this post. As far as Milei’s policy being workable, he would first need to figure …

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