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2023年8月22日 · As always, they market this as a mere convenience. “One policy from the government this year is to make ID cards electronic, so that relevant information can be accessed by a simple scan of the code on the cellphone,” he said.
2024年3月14日 · Canada to Incorporate Social Scores in Banking. The Canadian banking system is set to be radicalized by open banking framework. Proponents are framing this as a way for banks to easily share information and access user data. The truth of the matter is that this is an opportunity to merge social standings with banking to provide government ...
2024年3月8日 · The more practical monetary system would be for each country to maintain its own currency for domestic use, and the international settlements would be in NON-POLITICAL gold. This is the problem with the Euro. They eliminated the currencies to end the fluctuations between the member states. Still, the refusal to consolidate the debts meant that ...
Monetary History of China. The monetary history of China extends back in time at least 3,000 years. At first, money was sea shells, namely the cowry shell during the Shang Dynasty. Barter was always a dominant means of exchange in China that remained largely an agrarian society. Merchants and moneylenders were not well regarded even by government.
Banking Manipulations – A Systemic Problem. Spread the love. Banks have been manipulating markets, interest rates, and governments for a very long time. The present scandal involving manipulating LIBOR interest rates in Europe that began in Britain is surfacing like a soap opera evolving slowly on the political stage of life illustrating the ...
2022年11月10日 · China’s plans to loosen monetary policy directly conflicts with the Federal Reserve’s hawkish stance. The People’s Bank of China governor Yi Gang stated that although less impacted by inflation, China’s still feeling the global shockwaves. Delicate sectors such as real estate are extremely volatile right now. Printing more money is not ...
2019年3月10日 · In 1972, the Hong Kong dollar was pegged to the U.S.dollar at a rate of HK$5.65 = US$1. …. Between 1974 and 1983, the Hong Kong dollar floated. On 17 October 1983, the currency was pegged at a rate of HK$7.8 = US$1, through the currency board system. The problem Hong Kong will face is as the financial crisis in Europe erupts, this will push ...
