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Jin Kee
Zeihan on Geopolitics
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Comments by "Jin Kee" (@JinKee) on "Dollarizing Argentina: Run-Off Elections Between Massa and Milei || Peter Zeihan" video.
3:10 you could use Gresham's Law: good money drives out bad. You accept taxes paid only in USD, but keep the taxes moderate - then you print the peso into oblivion in one last spending spree. People will spend their pesos and hoard dollars for their taxes. In a year, dollars will be the only thing left in circulation as currency and pesos will litter the streets.
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Economics Explained just did a youtube video on Argentina recently
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@guymartz8262 yes i stated it wrong but the plan remains: you tax the good money and obliterate the bad pesos with hyperinflation.
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