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14 sats \ 1 reply \ @Undisciplined 23 Oct \ parent \ on: Should Argentina just dollarise? econ
I'm assuming government contracts are denominated in pesos. Probably with some sort of automatic inflation indexing.
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42 sats \ 0 replies \ @stack_harder OP 23 Oct
i suppose they would have to have some kind of protection. it reminds me a bit of my friend who was renting a flat many years ago in Moscow - when the ruble to dollar was bad, his rent price was quoted in dollars (and he'd convert that to rubles), when the dollar would weaken, his landlords would flip-flop and then state the price in rubles instead lol
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