Argentina elects 'shock therapy' libertarian Javier Milei as president

Re:Argentina elects 'shock therapy' libertarian Javier Milei... by tempsy on Sunday November 19, 2023 @07:15PM (#38340245)

Ecuador and El Salvador both use the US Dollar as their official currency. It isn’t as if there is a lack of precedence when it comes to ditching your own currency for something more stable.

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Re:Argentina elects 'shock therapy' libertarian Javier Milei... by mrtksn on Sunday November 19, 2023 @07:19PM (#38340295)

There are also countries using Euro without being in the Eurozone but those countries are tiny. It is going to be extremely interesting experiment.

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Re:Argentina elects 'shock therapy' libertarian Javier Milei... by qeternity on Sunday November 19, 2023 @07:31PM (#38340427)

Most countries are heavily exposed to the dollar already as it’s the currency of global trade. The same is not true of the euro.

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Re:Argentina elects 'shock therapy' libertarian Javier Milei... by mrtksn on Sunday November 19, 2023 @07:34PM (#38340455)

You are very well exposed to Euro if you are in Europe or Middle East.

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