Pro-stealing art without attribution
How uncivil of him smh
Brezhenev in his final years clears both Biden and Trump ez.
It’s her turn
Oof
check out propranolol, you dont have to take it long term unlike many other anxiety meds.
not even a country smh
i was wondering what country has exports that small
The aim of the loan is to indebt Argentina so much that its currency will continue to go down and down and down, essentially wrecking the economy. That’s what the IMF does. That’s its business plan. It makes a loan to subsidize capital flight, emptying out the economy of cash, leading the currency to collapse, as it is recently collapsed. As soon as the $50 billion was expended, or wasted, in letting wealthy Argentinians take their pesos, convert them into dollars, move them offshore to the United States, to England, to the Dutch West Indies, and offshore banking centers. Then they let the currency collapse so that the IMF model, which it’s announced for the last 50 years, the model is if you can depreciate a currency what you’re really lowering is the price of labor.
The right wing Chicago School propagandists keep claiming that if a country’s сurrency is depreciating, it must be because its prices are going up. But that gets the line of causality inside out. For debtor countries such as Argentina or other Lаtin American countries, the balance of payments has little to dо with domestic prices, domestic wage rates or domestic cost of production. The balance-of payments – and hence, the exchange rate – is swamped by debt sеrvice.
“We are not telling Iceland to tighten its belt in the middle of a recession. During the first year of the program, automatic fiscal stabilizers will be allowed to work.”
No belt tightening but belt tightening. They were saying no discretionary spending. “Automatic fiscal stabilizers” are just Government programs which ‘automatically’ rise during a recession because of people losing jobs or falling into poverty, like unemployment checks and food stamps.
the program includes the development of a strong medium-term fiscal consolidation plan to be launched in 2010
and that too for just one year. This is what Ukraine will be facing once the war ends and the Government remains pro-West.
And Lebanon can send Israel back to stone age too unlike Hamas
Yea and why cryptocurrency isn’t money with its exchange rate being determined by how much fiat currencies are entering and exiting.
Thank fuck for hide post button, now I wont have to block users.
OK, two cryptocurrencies as legal tender. My point still stands. If you give people a choice between crypto and fiat they will use fiat, even if it’s a foreign currency like the Dollar in El Salvador.
The solution for El Salvador or any other country using a foreign currency isn’t to go with another foreign “currency” like Bitcoin but building their own currency.
El Salvador had their own currency until they gave it up because their leader back then was a US Puppet.
I don’t know what’s worse that NFT Ape cartoon or this
"All over the world, wherever there are capitalists, freedom of the press means freedom to buy up newspapers, to buy writers, to bribe, buy and fake “public opinion” for the benefit of the bourgeoisie.*
https://www.marxists.org/archive/lenin/works/1921/aug/05.htm
Sole legal tender.
Edit: I dare them to pay all Government employees in Bitcoin, demand taxes be paid in Bitcoin. It would be a funny experiment if it weren’t for mass unemployment and deaths that arise out of a recession.
It would be funny trade wise too. No other country is going to accept Bitcoin as payment for real goods and services. So, the country will have to convert Bitcoin to USD at market price (which can swing wildly) and also hope the market has enough liquidity to handle it.
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