My principal mission is to work as a global money doctor. My specialty is advising nations suffering from hyperinflation on how to establish stable currency regimes. My solution is either a currency board (which issues a domestic currency that trades freely at a fixed exchange rate with an anchor currency) or full dollarization, which entails replacing the domestic currency entirely with the U.S. dollar.
What is Dollarization
Dollarization is the process by which a country abandons its own currency and officially adopts a foreign currency (usually the U.S. dollar) as legal tender for all transactions.
In simple terms, residents start using a stable foreign currency instead of the domestic currency for everyday money functions.
Why Dollarize?
Stop inflation instantly with stability
Reduce borrowing costs dramatically
End speculative attacks forever
Restore investor and public trust
Force transparent, responsible policy
In Panama, Ecuador, Montenegro
Read more about Why Dollarization?
Read more about Results of Dollarization
How to Dollarize?
Read more about the Technicals of Dollarization
