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The IMF report is overly biased because it does not take into account the benefits that the Marshall islands could obtain from being an economy with a crypto of
by anonymous5133 8y ago
The IMF report is overly biased because it does not take into account the benefits that the Marshall islands could obtain from being an economy with a crypto official currency. For example, having a crypto official currency would eliminate currency controls and could encourage new economic activity on the island.
The Marshall islands is desperate for solutions to grow their economy so they have very little to actually lose if they do adopt it. The IMF report does not reflect this.
- eli 8y ago"biased" doesn't mean the same thing as "I disagree with the conclusion and methodology"
- gumby 8y agoThe IMF report... does not take into account the benefits that the Marshall islands could obtain... For example, having a crypto official currency would eliminate currency controls and could encourage new economic activity on the island. Right now the official currency is the US dollar so there are no currency controls. Any what activity would be encouraged by not using the dollar, especially in an area with so little population?
- weego 8y agoSo you're saying the IMF doesn't have enough unproven and untested overly-optimistic speculation to balance out the harsh realities.