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GenZedong@lemmygrad.mlEnglish · 9 months ago

De-dollarization & CBDCs: How digital currencies help countries drop US dollar

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De-dollarization & CBDCs: How digital currencies help countries drop US dollar

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GenZedong@lemmygrad.mlEnglish · 9 months ago

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Why are countries seeking alternatives to the US dollar? And what role can central bank digital currencies (CBDCs) play in dedollarization? Ben Norton explains how China is using the e-yuan (e-CNY) in new institutions like the mBridge system. US Congress plots to save dollar dominance amid global de-dollarization rebellion: https://youtube.com/watch?v=94YZ9TKFOac Topics 0:00 De-dollarization 6:03 Central bank digital currencies (CBDCs) 10:41 mBridge system 12:24 Why China and other countries use CBDCs 16:43 Surveillance? Or privatized tyranny? 19:54 Why Wall Street opposes CBDCs 25:21 Stability and bank bailouts 27:59 Monetary sovereignty 30:12 mBridge experiments 32:39 International trade (without dollars) 40:10 Why are CDBCs so feared in the US? 41:47 Outro || Geopolitical Economy Report || Please consider supporting us at https://GeopoliticalEconomy.com/Support Patreon: https://Patreon.com/GeopoliticalEconomy Podcast: https://Soundcloud.com/GeopoliticalEconomy Newsletter: https://GeopoliticalEconomy.Substack.com

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9 months ago
it’s going to be really funny when de-dollarisation destroys the national pass time of buying cheap stuff at Walmart. maybe then Americans will finally radicalise lol

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