|Usually my focus is directed towards crypto, blockchain technology, AI and psychology in general. I hardly dare to "talk" openly about politics and I'm definitely far from having strong views. My intention is to share my worries with you on one particular issue, hoping that some of you would be willing to share your knowledge and experience with me.|
As some of you may have noticed, I've been quite absent lately and I didn't really plan to publish anything at the moment. However, I've recently read an article which got my full attention and made me seriously worry about my own country, Poland:
|"China is printing money for countries like Poland and Brazil at ‘full steam’ as it tries to expand its influence on the global economy"|
Poland and Brazil are not the only countries affected by China, as they are also printing India, Nepal, Sri Lanka, Bangladesh and Malaysian currencies.
It's clear that the Chinese goverment's capabilities of printing many foreign currencies is possible and this raises several important questions and it create disturbing national security implications.
What are the potential consequences for those countries to bring such a contract? How could this contract happen in the first place?
I always believed that each country would aim to be in charge of printing their own currency. Being in control of your own money seem to be a must. How could Poland and other countries allow China to have that much power over all those nations? Im also wondering if corruption in China isn't still a huge problem?
I can easily imagine the entire Polish market being flooded with those money, causing very high inflation and destabilizing the entire country. Other markets (Malaysian, Thailand etc) would be even easier to destabilize. I see plenty of threats but somehow I cannot see any potential benefits coming from this deal.
SHARE YOUR VIEW WITH ME
So please share your thoughts on this topic with me. Mostly help me understand how could Poland (and other countries) benefit from having such a deal with China. What are threats, pros and cons of this solution.
There are a number of questions Im trying to figure out and I would really love to hear from you. I promise to read every comment below.
Help me and support @IamChijamz
|My dear friend @IamChijamz recently published his excellent review about NOIA Network. My goal is to help him promote his work. If you have a chance, please open the link below in a separate window and show your support by dropping some valuable comments: |