I'm surprised we haven't seen more countries follow in El Salvador's footsteps if only to get bribed by the IMF to walk back on it.
I mean that's a basic 2D chess move, no?
Iβll tell you what I think about the way
This city treats her soundest men today:
By a coincidence more sad than funny,
Itβs very like the way we treat our money.
The noble silver drachma, which of old
We were so proud of, and the one of gold,
Coins that rang true (clean-stamped and worth their weight)
Throughout the world have ceased to circulate.
Instead the purses of Athenian shoppers
Are full of phoney silver-plated coppers.
Just so, when men are needed by the nation,
The best have been withdrawn from circulation.