runningbitcorn on Nostr: Argentinian peso is inflating into oblivion. Any sense of monetary stabilization is ...
Argentinian peso is inflating into oblivion. Any sense of monetary stabilization is coming from the defacto dollarization of the country. We need to copy/paste El Salvador's fiscal policy. Ecuador took 2 years to emerge from the short-term turmoil of currency change more than 20 years ago. The Argentinian economy would stabilize at lightning pace in comparison. The band-aid needs to be ripped off.
Published at
2023-08-04 06:14:37Event JSON
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"content": "Argentinian peso is inflating into oblivion. Any sense of monetary stabilization is coming from the defacto dollarization of the country. We need to copy/paste El Salvador's fiscal policy. Ecuador took 2 years to emerge from the short-term turmoil of currency change more than 20 years ago. The Argentinian economy would stabilize at lightning pace in comparison. The band-aid needs to be ripped off. ",
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