De-Dollarization and CBDCs: How Digital Currencies Help Countries Drop U.S. Dollar

De-Dollarization and CBDCs: How Digital Currencies Help Countries Drop U.S. Dollar

Feb. 14, 2024

U.S. DOLLAR COLLAPSE - FOLLOW THE MONEY

Geopolitical Economy Report

Why are countries seeking alternatives to the United States' dollar?

And what role can central bank digital currencies (CBDCs) play in de-dollarization?

Ben Norton explains how China is using the e-yuan (e-CNY) in new institutions like the mBridge system.

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

U.S. Congress plots to save dollar dominance amid global de-dollarization rebellion: https://youtube.com/watch?v=94YZ9TKFOac

Original: https://youtu.be/v61dgvN81n0

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