This manuscript elaborates on the macroeconomic argument of dollarization. Why would a country even consider giving up its currency for a foreign one (i.e. the US dollar)? Could it really be a solution to its problems? The last few years have been turbulent. Economically speaking many currencies have lost their purchasing power and people’s perceived quality of life seems to have decreased, causing a rising social discontent. Inflation has been at its highest since the 1980 crisis and it seems as if there was no way out but to cope with it. Indeed, it may be the only way, but could have the dollarization adoption and therefore reliance on the central bank from another country improved the economic performance and, in some cases, avoid a free fall for some states? The recent widespread inflation has its origin in diverse phenomena, among them sustained monetary expansion and supply shocks.