Greylock’s Humes: Defacto Dollarization Better For Argentina

Argentina should tread lightly on dollarization, Hans Humes, the chief executive of Greylock Capital Management, says in a interview with Bloomberg Television.

• “A sort of de-facto dollarization rather than an official dollarization might be a better path,” Humes tells Bloomberg Television’s Matthew Miller and Jon Erlichman
• Country will “undertake a shock change” and needs to give international markets “confidence”
• Should Milei pick “a competent” economic team, engage in constructive dialogue with the IMF, “everybody would be more than happy to see a good solid base to an Argentine recovery”
  • “The winds should be in their sails on ...