Will the China Digital Yuan Currency Overtake the U.S. Dollar?
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TOPICS:
DIGITAL CURRENCY
USD IMPACT
FINANCIAL CHANGES
$GPS INSIGHTS
#1 CHINA’S DIGITAL CURRENCY IS MUCH FURTHER AHEAD THAN THE U.S.
#2 BILLIONS IN TRANSACTIONS HAVE ALREADY GONE THROUGH
#3 THIS WILL LIKELY BE SIMILAR IN MOST COUNTRIES
China's new digital currency, e-cny, digital rmb. There are cryptocurrencies, cryptos, and the CBDC, central bank digital currencies. There is upward pressure on markets right now globally because of the inflation of the money supply. As a result, we are finding prices of just about everything being higher. Money, cash, debt is coming into the markets at this time finding its way into stocks, bonds, real estate.
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