This content is restricted to site members. If you are an existing user, please log in. New users may register below.
“I’m Not At All Excited”: China’s Digital Yuan Is Turning Into A Giant Flop
Zero Hedge: It was supposed to be the biggest threat to the reserve status of the dollar (China’s denial that it has no desire to replace the USD with the digital yuan only confirms it) since the failed experiment that is the “whatever it takes” euro, but instead it is turning out to be one giant yawn. While many pundits have argued that China’s digital yuan would be a “potentially fatal challenge” to American hegemony according to historian