Argentinian presidential candidate wants CBDCs to ‘solve’ hyperinflation
1 min read
Argentinian presidential candidate Sergio Massa has pledged to launch a central bank digital currency (CBDC) if elected to “solve” Argentina’s long-lasting inflation crisis.
“I am clear that inflation is a huge problem in Argentina,” the country’s second-leading candidate
Argentina’s third-leading presidential candidate, Patricia Bullrich would reportedly pursue a currency regime where the Argentine peso and U.S. dollar co-exist as legal tender if she wins the election.
The Argentine peso has fallen over 99% against the U.S. dollar since December 2023.
Most data suggests that Argentinian’s inflation is the third highest in the world, only trailing Venezuela and Lebanon.
Magazine: Should you ‘orange pill’ children? The case for Bitcoin kids books
