Argentina is flirting with dollarization, which is a peg to US Dollar by another name. That’s odd timing given how many pegs have blown up?
by inWineVerit4x Argentina already experimented with the “peg to the dollar” in1990. But Don’t have a happy E Argentina pegged its peso to the U.S. dollar from the early 1990s to the early 2000s as part of a currency board arrangement. Issues and Failure: While the peg initially helped to control inflation, it also made …