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<p>Presidential candidate Javier Milei proposed dollarization as a solution to <a href="https://www.coingabbar.com/en/crypto-currency-news/despite-winning-the-championship-argentinas-fan-token-drops-by-50-percent" rel="noopener noreferrer nofollow">Argentina&#39;s </a>inflation and devaluation problems. Milei&#39;s plan involves abandoning the Argentine peso and converting all deposits and reserves of central and private banks to the US dollar. The cost of this plan is estimated to be $40 billion, but Milei argues that the social cost would be zero as it would end inflation. Critics argue that this move would tie Argentina&#39;s monetary policies to the US Federal Reserve, potentially hurting the country&#39;s econom</p>

Javier Milei Proposes Dollarization Plan to Fix Argentina's Economic Woes

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