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17/07/2025
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Tag: us dollar

Argentina’s Milei announces 50% currency devaluation and large cuts to public spending

15/12/2023 - Leave a Comment

Argentina’s new president, Javier Milei, on Tuesday announced an official devaluation of the peso of 50%, virtually turning on the chainsaw that he famously used at campaign events. The government …

Argentina’s Milei announces 50% currency devaluation and large cuts to public spending Read More

The International Monetary Fund: ‘Dollarization is not a substitute for a sustainable fiscal policy’

08/09/2023 - Leave a Comment

Latin America is suffering the economic effects of the post-pandemic period, but Chilean Rodrigo Valdés, 56, the economist responsible for the Western Hemisphere Department of the International Monetary Fund (IMF), …

The International Monetary Fund: ‘Dollarization is not a substitute for a sustainable fiscal policy’ Read More

Why the US dollar’s supremacy is hurting the rest of the world

08/10/2022 - Leave a Comment

“In God We Trust” has been inscribed on all US paper and coin currency since former president Dwight Eisenhower mandated it in the 1950s. Americans generally believe in the afterlife, …

Why the US dollar’s supremacy is hurting the rest of the world Read More

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