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submitted 1 year ago by goat@sh.itjust.works to c/world@lemmy.world
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[-] aelwero@lemmy.world 121 points 1 year ago

Shuttering their central bank and converting to dollars... Meaning they aren't actually getting rid of a central bank, but are rather converting to a foreign central bank.

[-] Dead_or_Alive@lemmy.world 37 points 1 year ago

No it’s worse than that. How are they going to purchase enough dollars to replace their own currency? No one is going to give Argentina a loan to do this.

This project is doomed before it starts.

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this post was submitted on 25 Nov 2023
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