HEADLINE: Argentina's Fear of Dollarization and the Wobbly Peso GUEST NAME: Mary Anastasia O'Grady SUMMARY: John Batchelor speaks with Mary Anastasia O'Grady about the delay in Argentina's dollarizati

HEADLINE: Argentina's Fear of Dollarization and the Wobbly Peso GUEST NAME: Mary Anastasia O'GradySUMMARY: John Batchelor speaks with Mary Anastasia O'Grady about the delay in Argentina's dollarization. Dollarization would bring down interest rates, end inflation, and attract capital. However, President Milei's team feared the large devaluation that would occur when letting the peso float to find its true market rate before dollarizing, worrying this would damage their public standing.