Post
Topic
Board Economics
Re: If the government loses control of the financial system, we have a fall back
by
Kyraishi
on 06/01/2022, 23:46:59 UTC
Lol, if the Turkish lira is ousted as the national currency I think everyone would rejoice.

The fact is that there are a lot of countries that are currently operating a hybrid/foreign currency based monetary system, e.g. a lot of African countries have adopted USD as their sovereign currency as opposed to issuing their own.

That's actually quite smart given the fact that their own financial management system is just too incompetent.