Geopolitical Economy Report
Geopolitical Economy Report
Ben Norton
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De-dollarization & CBDCs: How digital currencies help countries drop US dollar
42 minutes Posted Feb 14, 2024 at 1:34 pm.
De-dollarization
Central bank digital currencies (CBDCs)
mBridge system
Why China and other countries use CBDCs
Surveillance? Or privatized tyranny?
Why Wall Street opposes CBDCs
Stability and bank bailouts
Monetary sovereignty
mBridge experiments
International trade (without dollars)
Why are CDBCs so feared in the US?
Outro
0:00
42:28
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Show notes
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.
VIDEO: https://youtube.com/watch?v=v61dgvN81n0
US Congress plots to save dollar dominance amid global de-dollarization rebellion: https://geopoliticaleconomy.com/2023/06/20/us-congress-dollar-dominance-hearing
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