Once again, we see the deleterious effects of open borders combined with an open welfare system. The Left thrives on manufactured chaos and will do all possible to ensure it continues.
A worrying trend that was obscured by separate zones growing up in parts of Buenos Aires, and not always obvious to most observers. Gustavo Semeria has written about this.
"Up the Workers!"...as they used to say in the UK when I was growing up in the 60s (although in truth, what they really meant at that time was Up the Shirkers).
So this wouldn’t work in the current Argentine scenario: Ot seems to me like it would be a strong check on governmentally caused inflation to allow the private sector to transact in any currency it wants (including precious metals, but I don’t think that would be essential), but require all payments to the government and government-controlled entities to be in the government-issued currency.
Italians trying to run a country...sheesh!
Once again, we see the deleterious effects of open borders combined with an open welfare system. The Left thrives on manufactured chaos and will do all possible to ensure it continues.
A worrying trend that was obscured by separate zones growing up in parts of Buenos Aires, and not always obvious to most observers. Gustavo Semeria has written about this.
"Up the Workers!"...as they used to say in the UK when I was growing up in the 60s (although in truth, what they really meant at that time was Up the Shirkers).
So this wouldn’t work in the current Argentine scenario: Ot seems to me like it would be a strong check on governmentally caused inflation to allow the private sector to transact in any currency it wants (including precious metals, but I don’t think that would be essential), but require all payments to the government and government-controlled entities to be in the government-issued currency.
Very good analysis, I would prefer that Argentina can keep the value of his own currency, here we are suffering the disaster of the Euro
Thanks for this explanation of dollarisation, which I haven't seen in legacy media.