2min snip

Odd Lots cover image

Zoltan Pozsar on His Next Big Move and the Coming Monetary Divorce

Odd Lots

NOTE

The Impact of the CBDC on the Renminbi

Renminbi internationalization can include floating more Renminbi bonds/nPBOC has strong relationships with numerous countries/nThere is an overlap between central banks with CBDC plans and PBOC's spotlight network/nRenminbi can be internationalized through FX swap and funding markets/nEvidence shows more commodity trades and trade finance settled in Renminbi/nRenminbi's share of trade finance has increased from 1% to 5% in a year

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