Very interested in how they plan to factor this in. My understanding is that inflation is such an issue in Argentina that a lot of people buy dollars whenever they can as investment, since the...
The attractions of a new common currency are most obvious for Argentina, where annual inflation is approaching 100 per cent as the central bank prints money to fund spending.
Very interested in how they plan to factor this in. My understanding is that inflation is such an issue in Argentina that a lot of people buy dollars whenever they can as investment, since the local currency is constantly depreciating their money is then more valuable just by fact of being stable.
If the issues are overcome and they actually get more countries to be a part of it, would be interesting to see the impact of becoming more independent of the dollar and the US in general.
Very interested in how they plan to factor this in. My understanding is that inflation is such an issue in Argentina that a lot of people buy dollars whenever they can as investment, since the local currency is constantly depreciating their money is then more valuable just by fact of being stable.
If the issues are overcome and they actually get more countries to be a part of it, would be interesting to see the impact of becoming more independent of the dollar and the US in general.