dollarized

U.S. "dollarized" world as their own currency slumped in value.

ANC Daily News Briefing 2007

In a 'dollarized' economy, transactions are conducted in foreign currency and people also save in foreign money and the government can no longer use the central bank to inject liquidity into the banking system (print money) to create inflation.

LBO-Lanka Business Online 2009

Not only would riel listings add costs and confusion in a largely dollarized economy, it would create an additional risk for international investors, driving them away.

The Cambodian Case for Dollarization 2011

If your analysis were to include China, which has essentially dollarized their economy then you would see a more normal employment picture.

Grading the President in Macro, Arnold Kling | EconLog | Library of Economics and Liberty 2009

Panama's dollarized economy rests primarily on a well-developed services sector that accounts for 80% of Gross Domestic Product (GDP).

Panamá 2009

Think Weimar Germany or modern Zimbabwe before it dollarized its economy.

Europe and Its Money 2011

In what is effectively a dollarized world, as long as the money measure fluctuates in value, producers will have to hedge the price of everything given how little they can trust any commodity to hold its price over long periods.

Without Stable Money, There Can Be No Trust 2010

Same in more austral Patagonia, in Calafate, Santa Cruz province, an historic crossroads for selling cattle and sheep, a magnet for dodgy adventurers in search of limitless estancias, and today a boutique pueblo with a totally dollarized economy.

Pepe Escobar: Patagonia: The End of the World Is on Sale 2010

A "fully dollarized" world is a prescription for trouble enough to make scarcity "the order of the day."

Restoring National Sovereignty with A Truly National Banking System ; Reviewing Ellen Brown's "Web of Debt:" Part VI 2009

After all, in a dollarized Central America where free markets have worsened the gap between rich and poor a Nicaraguan would have to work 100 years to buy two semesters of education at Sidwell Friends, where members of Washington's political elite send their kids to school.

Eric Ehrmann: The Big Dollar Bustout ... Is Too Big To Fail Still an Option? 2009