Mexico is now seizing illegal fentanyl shipped from China. If not stopped, the chemicals could get smuggled across the southern border. The drug has already killed record numbers of Americans. Beijing already stopped cooperating with the United States on combating fentanyl after former House Speaker Nancy Pelosi visited Taiwan. Topics in this episode: Mexico Intercepts…
China’s Digital Yuan Allows Beijing to Further Tighten Its Control Over the People: Expert
China’s eastern city of Changshu is set to implement the use of digital yuan (e-CNY) to pay public sector employees’ salaries. One China observer believes that Beijing’s goal in introducing the digital yuan is to strengthen its control—at the cost of further deteriorating the economy and human rights of the Chinese people. Changshu recently announced…
Is a Digital Dollar Coming?
April 14, 2023
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Commentary A hullabaloo over a digital dollar first emerged in 2019 when the People’s Bank of China (PBOC) launched its digital yuan. Speculation arose that unless the United States responded in kind, China’s yuan would soon surpass the dollar as the world’s premier reserve currency. The speculation was pointless. There is much more to a…
Cryptocurrencies Are on Their Way Out
June 1, 2022
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Commentary The cryptocurrency market valuation is less than half of the $2.9 trillion it was worth in November. What’s going on with the cryptocurrency market? More people than ever before have been holding “cryptos” as a safe-haven asset to hedge against inflation and other central bank offenses. It wasn’t very long ago that investors were…
China’s Digital Yuan, Biggest Threat to the West, Is Overshadowed by Russian War, Kyle Bass Warns
April 17, 2022
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ChinaChinese Regimedigital yuane-yuanGlobal Expansionkyle bassPoliticsrenminbiSpecial TopicstechnologyThreat from Communist ChinaUSUS NewsUS-China relations
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Russia’s war in Ukraine is obscuring one very alarming threat posed by the Chinese regime: its system of paperless money, warned hedge fund manager Kyle Bass. “It is, I think, the single largest threat to the West in the last 50 years. And it’s being overshadowed by the Russian invasion of Ukraine,” Bass said during…
US Senators Sound Alarm on China’s Digital Currency Amid Sanctions on Russia
As Russia is hit by a spate of sanctions from around the globe, a group of U.S. lawmakers want new standards and guidelines for dealing with the Chinese Communist Party (CCP) central bank’s digital yuan, the digital currency of Moscow’s top trade partner and closet strategic partner. “If left unchecked, technologies including China’s Digital Yuan…
Big Brother Is Getting Bigger
“This is a surveillance tool, and it’s disguised as a payment mechanism,” Erik Bethel said of the Chinese regime’s new digital currency. In this episode of “American Thought Leaders,” host Jan Jekielek and Bethel, a global finance analyst, discuss the situation in China, and the threat of the digital yuan to the U.S. economy and to…
As China’s Trial of Digital Yuan at Olympics Ends, Experts Warn of Dangers of Digital Currency
February 24, 2022
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As China’s debut of its digital currency draws to a close in tandem with the 2022 Winter Olympics, the regime’s crypto ambitions remain in place. Experts warned of the Chinese Communist Party’s centralized control, both at home and abroad. A digital currency will empower the regime’s control over its populace, especially dissenters, as all future…
Muted Debut: China Digital Money at Olympics; JPMorgan Bank Enters the Metaverse | NTD Business
Will China’s debut of it’s digital currency at the Olympics get the traction it wants? Foreign visitors from around the world are using it — despite security and privacy concerns. One of the biggest banks in the world is officially in the meta-verse. it says the opportunity is worth trillions. And luxury retailers are moving…
China’s Digital Currency Is a Surveillance Tool Threatening US: Former US Representative
February 11, 2022
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ChinaChina Business & EconomyChinese Regimedigital currencydigital yuanerik bethelGlobal ExpansionInternationalrenminbiSpecial TopicstechnologyUSUS NewsWorld
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Beijing’s new digital currency is a tool that could prop up authoritarian regimes around the world, including China, and the Chinese paperless money could also undermine U.S. leadership in finance, warned a global finance professional. “This is a surveillance tool and it’s disguised as a payment mechanism. It’s going to allow the People’s Bank of…
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