S8 Ep164: Argentina's Unstable Peso and Dollarization Imperative — Mary Anastasia O'Grady — O'Grady warns that despite President Javier Milei's systematic market-oriented reforms, private investment i

Argentina's Unstable Peso and Dollarization Imperative — Mary Anastasia O'Grady — O'Grady warns that despite President Javier Milei's systematic market-oriented reforms, private investment in Argentina remains stalled due to persistent currency instability and managed peso depreciation policies. O'Grady argues that the current "dirty float" exchange rate system is operationally insufficient to restore investor confidence and capital inflows. O'Gradyadvocates for rapid U.S. dollar adoption as the official currency to secure investor confidence before upcoming midterm elections potentially compromise Milei's reform agenda through electoral backlash. 1890