Words similar to dollarization
Example sentences for: dollarization
How can you use “dollarization” in a sentence? Here are some example sentences to help you improve your vocabulary:
The more sensible advocates of currency boards and, if necessary, dollarization, have always based their views less on hope than on fear--fear that any attempt to fight a recession by devaluing would lead instead to a surge in inflation and a financial collapse.
This particular speaker was Latin American, and was clearly influenced by the recent discussion of "dollarization" as a solution to his region's woes, but I have heard pretty much the same line from Asians and Europeans.
The one remaining question is that of currency speculation--fear of speculators, not the desire for efficiency, is what has led Argentina to talk seriously about replacing pesos with dollars and made dollarization at least a topic of discussion elsewhere in Latin America.