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Dollarization Puts Foreign Economies at the Mercy of the US Regime

Summary:
Some free-market advocates are pushing for dollarization in Argentina. But the devastating US sanctions against Panama in 1989 show us how dollarization helps the US exercise more hegemonic power over foreign economies.  Original Article: Dollarization Puts Foreign Economies at the Mercy of the US Regime [embedded content] Tags: Featured,newsletter

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Some free-market advocates are pushing for dollarization in Argentina. But the devastating US sanctions against Panama in 1989 show us how dollarization helps the US exercise more hegemonic power over foreign economies. 

Original Article: Dollarization Puts Foreign Economies at the Mercy of the US Regime


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Ryan McMaken
Ryan McMaken is the editor of Mises Wire and The Austrian. Send him your article submissions, but read article guidelines first. (Contact: email; twitter.) Ryan has degrees in economics and political science from the University of Colorado, and was the economist for the Colorado Division of Housing from 2009 to 2014. He is the author of Commie Cowboys: The Bourgeoisie and the Nation-State in the Western Genre.

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