5min chapter

The Jay Martin Show  cover image

Why Are Central Banks Around the World Hoarding Gold? With Andy Schectman

The Jay Martin Show

CHAPTER

The Chinese Digital Yuan Is Not Just Gold

Is it kind of like out of the frying pan into the fire? I mean, could you expect any world leader to operate differently in that position? And if you're changing from the west to the east and therefore your superpower moves from the US to China, it's not like you're jumping into some massively authentic, transparent civil rights favorable. Now you have a currency that has gold pegged to it with the mutability and the veracity denoted on the distributed ledger for the whole world to see. So while we may not like the fact that they're a little bit weaker, shall we say, on human rights and things that we the west embrace, on the other hand, they are

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode