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0 pointsspywaregorilla3y ago0 comments

you also, however, don't want your government to utterly collapse

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True, but that’s a completely separate concern. Frankly that’s likely going to happen anyway. El Salvadorians suddenly trusting the government with large amounts of their cash isn’t going to make that government any more fiscally competent. Better not to go down with them.

spywaregorillaOP3y ago

It's not a separate concern if you're arguing the government should not be able to print its own currency.

simonh3y ago

I didn’t say any such thing and I don’t see how that’s relevant as remittances from the US are generally in Dollars, not local currency.

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simonh3y ago

spywaregorillaOP3y ago

It's not a separate concern if you're arguing the government should not be able to print its own currency.

simonh3y ago

I didn’t say any such thing and I don’t see how that’s relevant as remittances from the US are generally in Dollars, not local currency.

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