The United States, in economic matters, has relative stability. This leads some citizens of countries with problems in their local currency to try to save in that currency. For example, Argentines are used to saving in dollars due to a devaluation of the peso, but the truth is that the dollar is also a kind of universal currency.
Although we are used to associating the dollar with inflationary insurance , the truth is that any problem that the United States has would have immediate repercussions on the Latin American economy. Precisely, data from the Federal Reserve System of the United States indicated that the volume of dollars went from 15.33 trillion at the end of 2019 to 19.1 trillion at the end of November.
Roger Bartra, de melancólicos y salvajes | Periodico Apia Virtual
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