jimmysong
· 127w
I'm intensely interested in what happens when Argentina eliminates the central bank. What does dollarization actually do to an economy?
El Salvador has been dollarized for more than 20 years and it didn't help too much. The level of social disfunction and the gang violence were/are hard to believe.
The dollar will bring stability to Argentina, but a society depends on the quality of its individuals. Its all about humans.