21 Views· 04/11/23· News & Politics
Countries Begin Dropping the Dollar; Fed Launches First Stage of Digital Currency
LINK BELOW "A slew of nations recently announced they will begin moving away from the U.S. dollar when trading key products, and some are openly promoting a new movement to ditch the dollar for the Chinese yuan. The new movement in “de-dollarization” could deeply impact America’s role as the world leader, and damage its ability to sanction countries that violate basic standards on human rights. Meanwhile, the Federal Reserve is launching a new program called FedNow, which is slated as a first step toward a centralized banking digital currency (CBDC) for the United States. The use of digital currencies is being promoted as a way to stop crimes like money laundering, but it’s also deeply criticized as a direct threat to financial freedom. Digital currencies would represent a new type of money where every payment is tracked." (Credits: Joshua Philipp, 'CrossRoads', Epoch Times) link: https://www.theepochtimes.com/....countries-begin-drop
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