Guest
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: 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 Patreon: Podcast: Newsletter:
