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Maria
Richard J Murphy
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Comments by "Maria" (@maria8809ttt) on "Trump is a threat to developing countries who owe their debts in dollars" video.
Tariffs make the poor poorer, and will add many more to their numbers. The affluent will ride the global traid war and become more powerful. The first thing you learn in macroeconomics is money means nothing to governments.
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El Salvador has rolled back a key provision of its Bitcoin Law, removing BTC’s status as a unit of account. The country’s Congress passed a reform that makes Bitcoin acceptance voluntary, scaling back its role in the economy. The move aligns with requirements set by the International Monetary Fund (IMF) as part of a $1.4 billion credit facility agreement. The legislative change, approved without resistance in a Congress is controlled by President Nayib Bukele’s party. It marks a shift from El Salvador’s pioneering Bitcoin adoption.
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