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A comment on Argentina's New President Wants to Adopt the Dollar as the National Currency. Parent comment

Re:Argentina's New President Wants to Adopt the Dollar as th... by addicted on Monday November 20, 2023 @02:25PM (#38353106)
This sounds like a difference without a distinction assuming non apocalyptic scenarios.
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Re:Argentina's New President Wants to Adopt the Dollar as th... by landemva on Monday November 20, 2023 @03:47PM (#38354468)
The difference is US dollar notes have a liability which is paid to banks 'federal reserve' and coins do not have liabilities so coins don't cost USA when issued. Coins are just issued. Notes (paper dollars and electronic) are loaned into existence and USA pays interest to federal reserve for the USA's own money.
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