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submitted 10 months ago by goat@sh.itjust.works to c/world@lemmy.world
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[-] 52fighters@kbin.social 10 points 10 months ago

You get dollars the same way anyone else would in the situation: You carry a trade surplus vs. the United States and then allow tax payments to be made in dollars. Prices settle as a function of dollars available, rate of circulation, and volume of goods & services available.

The policy should produce a boost in exports & employment but also produce a shortage of goods normally imported. It'll also be a great time for Americans to visit, the dollar suddenly having a lot more purchasing power in Argentina.

this post was submitted on 25 Nov 2023
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