• @filoria@lemmy.mlOP
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    03 months ago

    Good riddance. Can’t take a country keen on dollarization into an organization who’s primary goal is dedollarization.

    • @pearable@lemmy.ml
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      03 months ago

      It’s the euro even a good idea? Convenient for tourism and trade sure, but according to MMT it hamstrings a countries ability to invest in it’s economy and makes government loans fraught.

      • qyron
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        03 months ago

        Uh? Who said EU countries can’t contract loans or invest in its economy?

    • El Barto
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      03 months ago

      Why doesn’t south America agree on a single currency like the Euro?

      The Peso. The Sol. The Amero.

      • @deafboy@lemmy.world
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        3 months ago

        Because the governments would no longer be able to fake the exchange rate, and their socialist policies would’ve been reveald as a scams they are, without the keys to the money printer.

        Also, who would be in charge of the monetary union? A bunch of countries that couldn’t even managed their own monetary systems?

        Going with an existing foreign currency as a base is probably better until the situation stabilizes a bit.