Money versus Monetary Policy

US and Israeli attacks on Iran that began on Saturday have killed at least 787 people, the Iranian Red Crescent Society (IRCS) said on Tuesday, as strikes continue to pound targets across the country. US Central Command said on Monday that it struck over 1,250 targets inside Iran, including Iranian Islamic Revolutionary Guard Corps (IRGC) […]

The Great Retreat: Beijing's Digital Currency Ambitions Are Faltering Authored by James Gorrie via The Epoch Times (emphasis ours), For years, the Chinese Communist Party (CCP) has positioned the digital yuan (e-CNY) as the ultimate weapon of financial totalitarianism. It was intended to be the crowning achievement of the surveillance state. With a programmable, traceable digital currency, Beijing thought it would finally break the back of private payment giants like Alipay and WeChat Pay. Signage of the Chinese digital currency is seen near a coffee store in the New Actuation Fintech Center...