The Wall Street Journal

Argentina’s new president wants to adopt the US dollar as the national currency

Argentina’s new president wants to adopt the US dollar as the national currency
President-elect Javier Milei. (Image: Getty)
The Wall Street Journal
The self-styled anarcho-capitalist who won Argentina’s presidency on Sunday plans to ditch his nation’s peso and adopt the US dollar as the national currency.President-elect Javier Milei’s top campaign proposal was aimed at eradicating rampant inflation that has for decades ravaged Latin America’s third-biggest economy by removing the battered national currency from circulation and stripping the central bank of its power to print money. Uncontrolled money-printing to cover public expenditures, economists say, has fu...

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