“Imagine a currency that almost has a mind of its own … It knows your account data, knows your birthday, your social security number, where you live” and exactly what you like to buy. And all of this knowledge would be sitting in the hands of the Chinese Communist Party. In this episode, Kyle Bass, founder of Hayman Capital Management, breaks down the threat of a new Chinese digital currency and how the regime could force countries to use it. “They’re so good at exploiting every crack, every nook, every cranny … They take our openness, and they exploit it,” Bass says. Subscribe to the American Thought Leaders newsletter so you never miss an episode. You can also follow American Thought Leaders on Parler, Facebook, or YouTube. If you’d like to donate to support our work, you can do so here. Follow Epoch TV on Facebook and Twitter.
Kyle Bass: The ‘Cancer’ of China’s New Digital Currency
July 10, 2021
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