# High Argentina Inflation Sparks Debate to Ditch Peso for Dollar - Bloomberg

> Argentine economist and congressional candidate Javier Milei is proposing to replace the peso with the US dollar to end triple-digit inflation. The debate follows high inflation in Argentina. The article is an excerpt and does not give policy details.

- Date: 2023-06-08 · published 2023-06-08T12:00:00.000Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/35778-high-argentina-inflation-sparks-debate-to-ditch-peso-for-dollar-bloomberg
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

A serious dollarization push would signal deep currency instability in Argentina, a major grain and oilseed exporter. That uncertainty can affect peso pricing and export decisions, though it is not an immediate supply shock.

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2023-06-08/high-argentina-inflation-sparks-debate-to-ditch-peso-for-dollar

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.