Nicolas Cachanosky on Dollarization in Argentina
Macro Musings with David Beckworth
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Dollarization in Argentina: Advantages, Concerns, and Pre-commitment
This chapter explores the topic of dollarization in Argentina, discussing its advantages, concerns, and the concept of pre-commitment. It emphasizes the need for a plan in place to avoid mistakes and improvisation, and examines examples of other countries' experiences with dollarization. The chapter also highlights the idea of severing the government's ability to print money and the currency mismatch faced by Argentina.
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