Economist warns formal dollarization would cede Venezuelan monetary sovereignty to U.S. Federal Reserve

Economist Asdrúbal Oliveros argues that a transition to formal dollarization in Venezuela would be an irreversible policy shift, effectively subordinating the nation's monetary framework to the U.S. Federal Reserve. The analysis highlights the long-term inflationary crisis as the primary driver for this debate, though no formal government move toward official dollarization has been announced.