Tag: currency
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Is the Biden Administration purposely trying to weaken the United States?
President Biden is too dimwitted to know he’s being ushered down the path to American irrelevance. Details of the potential new Saudi-Chinese oil-trading arrangements remain vague. The two sides have talked for years about pricing some oil sales in yuan, and it may not happen. Some 80% of global oil sales are priced in U.S.…
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U.S. digital dollar is coming
If you’ve been paying attention you could see this coming down Main Street for the last 10 years. This video from the Wall Street Journal, to me, shows that we are rapidly heading down the path of digital money. The implementation of this will be something to watch. No longer will we be able to…
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China digitizes the Yuan
Don’t confuse this with cryptocurrencies though. The Chinese version is just a digitization of their traditional currency… the Yuan. The Chinese government will know details about every single transaction and they will be able to use this to control their population. If your social score isn’t sufficiently high they’ll shut off your money spigot. They’ll…