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Gsus4 , 3 days ago (edited 3 days ago) Yeah, it seems to have worked as expected. Dollarization works to reduce inflation. Now it comes down to a choice: do you impose capital controls and leave monetary sovereignty to the US? (or something hybrid to facilitate import/export) en.wikipedia.org/wiki/Impossible_trinity
Yeah, it seems to have worked as expected. Dollarization works to reduce inflation. Now it comes down to a choice: do you impose capital controls and leave monetary sovereignty to the US? (or something hybrid to facilitate import/export)
en.wikipedia.org/wiki/Impossible_trinity