experience of Peru and Uruguay

the experience of Peru and Uruguay show that after several years of single-digit inflation and a sustained recovery of credibility in the national currency, the economy tends to de-dollarise slowly, gradually, and naturally. A total –and endogenous– dollarisation, which is the declared goal of President Milei, is not only unnecessary but also difficult to achieve if the stabilisation plan succeeds. In other words, paradoxically, the success of the stabilisation plan would become an obstacle to achieving the goal of full dollarisation of the economy. The ‘law of gravity’ works in the opposite direction. สล็อต