What are the disadvantages of dollarization?
I'm exploring the negative impacts of dollarization, specifically looking to understand the potential downsides and risks associated with a country adopting the US dollar as its official currency, replacing its local currency.
What happens when a currency is pegged to another?
I want to understand the implications and effects that occur when one currency is pegged or fixed to another currency. What are the economic consequences of such a pegging system?
What happens to the US dollar during war?
I'm wondering how the value of the US dollar is affected when the country is involved in a war. Will it increase or decrease in value, and what factors contribute to this change?
What does inflation do to cash?
I want to understand the impact of inflation on cash. Specifically, how does inflation affect the value and purchasing power of cash over time?
What happens to social security if the dollar collapses?
I'm concerned about the potential impact on social security if the US dollar experiences a collapse. Will social security payments be affected, and how might the system adapt to such a significant economic event?