Hanke adocates full dollarization for Argentina – replacing the peso with the dollar

MarketsInsider/Zahra Tayeb/7-10-2023

“Argentina’s only way out of its deepening debt trap is adopting the dollar as its currency, top economist Steve Hanke said.”

USAGOLD note: If Argentina replaces the peso with the dollar, it will give up its economic sovereignty. The frontrunner in Argentina’s upcoming election, Javier Milei, also believes Argentina should dollarize.