DOLARIZE AS A PANACEA

🧵 Is dollarizing the Venezuelan economy a real solution or the formalization of our monetary defeat?

It’s not about banning the dollar or defending the old bolĆ­var, but about debating sovereignty, seigniorage, and institutional capacity.

Renouncing our currency means giving up the ability to issue it and losing the benefits of seigniorage that other countries do take advantage of.

Dollarization offers discipline, but it removes critical tools from the Central Bank, such as the lender of last resort during crises.

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