• Soviet Snake@lemmygrad.ml
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    1 year ago

    Fuck man I’ve been wanting to buy some Yuans to save some money but I think they only sell them at Buenos Aires.

    Argentina literally has a psychological dependence with the dollar, it’s so disgusting.

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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      1 year ago

      A lot of countries still do. I think we’ll have to wait a few years, but dedollarization is definitely in motion now and I don’t think the process can be arrested or reversed at this point.

  • cyd@vlemmy.net
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    1 year ago

    There’s a saying in developmental economics. There are four kinds of economies in the world: developed, undeveloped, Japan, and Argentina.

    It’s really mind-boggling how Argentina’s economic troubles never end, under socialist governments and neoliberal ones, with a pegged exchange rate and a floating one, under high global interest rates and low ones.