Tag: fiat currency

China meets American hegemony head-on

Tina Marie (Ms. Cat)

In a rare scathing essay, Beijing’s foreign ministry has blasted Washington’s continued attempts at world domination

China meets American hegemony head-on

Related:

No holds barred as China launches frontal assault on American dollar hegemony

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Why the Fed hates cryptocurrencies and especially stablecoins

Tina Marie (Ms. Cat)

Why the Fed hates cryptocurrencies and especially stablecoins

“[They’re] popular because it’s money that’s independent of politicians and bankers,” said Mati Greenspan, portfolio manager and Quantum Economics founder. “People want the separation of government and money. They clearly don’t get that.”

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“Were diem, or even a Chinese CBDC, to be accepted by many other countries, the U.S. dollar would lose its dominance,” continued Bordo.

Why capitalism now needs ‘lockdowns’ (social enclosure/segregation) and ‘medical’ tyranny

Tina Marie (Ms. Cat)

Because capitalism is working towards its own abolition by replacing commodity-producing labour with automated machines, capital’s profitability is increasingly dependent on low wages, high unemployment, public debt, state purchases, the centralisation of wealth, and — frankly — depopulation.

Why capitalism now needs ‘lockdowns’ (social enclosure/segregation) and ‘medical’ tyranny