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Dollarization Whats in It for US


Should the United States care if other countries abandon their own currencies and adopt the dollar? Dollarization imparts benefits to the United States as well as costs, and these ought to be weighed as we decide what to do about the growing number of countries turning to dollarization or considering it.

Should the United States care if other countries abandon their own currencies and adopt the dollar? Dollarization imparts benefits to the United States as well as costs, and these ought to be weighed as we decide what to do about the growing number of countries turning to dollarization or considering it.


Suggested citation: Altig, David E., 2002. "Dollarization: What's in It for US?" Federal Reserve Bank of Cleveland, Economic Commentary, 10.15.2002.

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