Why Paul Krugman Thinks Common Brazil-Argentina Currency Is A 'Terrible Idea'

Published on: Sunday 29 January 2023

Nobel laureate and noted economist Paul Krugman has poured cold water on the concept of a shared currency between Brazil and Argentina, calling it a "terrible idea." What Happened: Krugman on Sunday shared a Financial Times article about economists questioning the South American giants' plan to create a common unit that would promote regional integration and challenge the U.S. dollar’s dominance. Krugman criticized the idea based on the theory...

News source: https://www.msn.com/en-us/money/news/why-paul-krugman-thinks-common-brazil-argentina-currency-is-a-terrible-idea/ar-AA16SJ6L

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Why Paul Krugman Thinks Common Brazil-Argentina Currency Is A 'Terrible Idea'