“The proposal of dollarization by Javier Milei represents a bold avenue for the nation. It offers the prospect of currency stability, which is vital given Argentina’s history of hyperinflation and devaluation. While relinquishing control over domestic monetary policy and economic dependence on the U.S. are key concerns, the case studies of Ecuador and El Salvador shed light on potential strategies for successful implementation.”Continue Reading

Recently, the stock market has experienced big wins. Economists argue that this increase can be correlated to the fact that, in October, the consumer price index went down to 3.2 percent. The slowed consumer price index is rooted in a campaign by the Federal Reserve, which wishes to “kill inflation” by lowering rates. There is a big debate among economists concerning whether this upward-moving stock market can be backed by economic indicators.Continue Reading