Argentina's new president Javier Milei thinks adopting the US dollar can rescue its screwed economy

Tech Insider : Economy, Politics, Politics
A supporter of Presidential candidate Javier Milei of La Libertad Avanza holds a replica of a hundred dollars bill with Milei's photo during a rally on September 25, 2023 in San Martin, Buenos Aires, Argentina.
A Javier Milei supporter at a pre-election rally in Buenos Aires.

Tomas Cuesta/Getty Images

The 'blue dollar' is booming: Argentina's lust for the buck pushed its black-market rate up 60,000% since peso parity ended in 2002

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Argentina peso/dollar
US dollar and Argentine peso notes.

Nora Mazzini

Argentina's presidential candidate is already setting things in motion to dollarize the economy by rebuilding reserves

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Argentine peso/dollar

AGUSTIN MARCARIAN/Reuters

Argentina should avoid dollarization as it can trap the country in Ecuador-like economic morass, one economist says

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Argentina peso/dollar

Nora Mazzini

Dollarization is the only way for Argentina to stop its 'death spiral', economist Steve Hanke says

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Argentine peso bills

(Photo by LEO LA VALLE/AFP via Getty Images)

Brazil's real, not the dollar, could be the solution to Argentina's currency turmoil, an economist says

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Brazilian Real

Rafael Henrique/SOPA Images/LightRocket via Getty Images

Argentina needs a recession, not dollarization, to tackle the peso crash, an economist says

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Argentine peso bills
Argentine pesos bills

(Photo by LEO LA VALLE/AFP via Getty Images)

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