Max Sawicky [EMAIL PROTECTED] 04/17/00 04:51PM
I'm continually surprized by how little attention there
is here to 'dollarization.'
CB: What's important about dollarization ?
That's what I was hoping others could tell me.
Off the top of my head, it would seem to have
dire
Max Sawicky [EMAIL PROTECTED] 04/18/00 03:07PM
Max Sawicky [EMAIL PROTECTED] 04/17/00 04:51PM
I'm continually surprized by how little attention there
is here to 'dollarization.'
CB: What's important about dollarization ?
That's what I was hoping others could tell me.
Off
talking a break...
CB: What's important about dollarization ?
quoth Max:
That's what I was hoping others could tell me.
Off the top of my head, it would seem to have dire implications for the
independence of other countries and the adequacy of their money supply,
from the standpoint of
Widespread dollarization, would have a similar effect as a fixed exchange rate,
such as the gold standard or Bretton Woods. Except that the degree of fixity
would be much greater. (much less opportunity to cheat). And as such it would
have the advantages and disadvantages of a fixed exchange
]
Subject:[PEN-L:18246] Re: RE: Re: Dollarize This
Send reply to: [EMAIL PROTECTED]
talking a break...
CB: What's important about dollarization ?
quoth Max:
That's what I was hoping others could tell me.
Off the top of my head, it would seem to have dire implications
