This article is too long for most folks, so it's safe from intellectual analysis.......until it's too late. In the meantime.....party on!
"By accepting yuan instead of dollars, euros, or even Japanese yen, not only are they a safe haven from the western banking system, but their future value promises to reflect an improving Chinese economic outlook in stark contrast with a collapsing financial and economic bubble in the West.
Obviously, there will be consequences for the dollar and the other fiat currencies allied with it. But that is a mystery which will have to be addressed in a future article…"
Full text:
https://www.lewrockwell.com/2023/04/alasdair-macleod/time-to-trash-triffin/
