Rating agency Moody’s downgraded El Salvador’s debt in part because of legalization of bitcoin as tender. IMF — currently in talks with gov over a new loan — said adopting cryptocurrency as legal tender could destabilise prices & create financial risk.
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RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…