
Argentina Should Dollarize Now
Cato Podcast
00:00
The Process for Fully Dollarizing Argentine Inflation
A third of people in Argentina would like to see the country fully dollarized. The official annual inflation rate right now, it's 114%. So as we mentioned, it comes as no surprise that it's the number one issue people are preparing to vote. Once a country is dollarized, people can tell the benefits on a daily basis and the fact that they can maintain their purchasing power over the long term is the main advantage.
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