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1 – 1 of 1Mauricio Garita, Celso Fernando Cerezo Bregni and Rodrigo Asturias
The purpose of this academic paper is to analyze Argentina’s inflationary situation through an understanding of its monetary policy over the years, and to identify its effect on…
Abstract
Purpose
The purpose of this academic paper is to analyze Argentina’s inflationary situation through an understanding of its monetary policy over the years, and to identify its effect on the country’s poverty, explaining the relationship between fiat currencies and stable currencies.
Design/methodology/approach
By analyzing the case of Argentina through descriptive methodology, the authors provide information on the use of stable currencies in Argentina and the reasons behind their use.
Findings
Through descriptive research, the authors were able to find out the situation regarding the use of stable currencies in Argentina. We identified how the country’s monetary policy has affected inflation and thus purchasing power parity.
Research limitations/implications
Given that cryptocurrency information is based on privacy, there are certain arguments that must be referred through qualitative aspects.
Practical implications
The importance of stablecoins in high inflation countries.
Social implications
The understanding on how cryptocurrencies are able to maintain purchasing power and help avoid inflation related poverty.
Originality/value
Discussion of cryptocurrency items, specifically stablecoins, has been limited due to their recent emergence and the existing discussion about their legality. The study presents an argument on the use of stablecoins by presenting a case that has not yet been studied.
Details