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Dollarization, as a form of monetary choice and economic phenomenon, is fundamentally a comprehensive judgment by the market regarding creditworthiness, stability, and transaction efficiency. It does indeed have practical value in terms of reducing inflation, stabilizing exchange rates, and facilitating cross-border trade. However, it also means surrendering some autonomy in monetary policy and making the financial cycle more susceptible to external influences.

We should view this matter rationally: we should neither idealize the stability of the US dollar nor simply dismiss its real role wi

Dollarization, as a monetary choice and economic phenomenon, is essentially the market's comprehensive assessment of credit, stability, and transaction efficiency. It has practical value in reducing inflation, stabilizing exchange rates, and facilitating cross-border trade, but it also means ceding some monetary policy autonomy, making the financial cycle more susceptible to external influences.
We should view this rationally: neither deify the stability of the dollar nor simply deny its practical role in the global system. The truly prudent choice is to base decisions on one's own economic fu