• Des [she/her, they/them]@hexbear.net
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    21 hours ago

    China has a planned economy

    they do to a far stronger degree then most modern nations but still fundamentally do market socialism. pushing the communism button would be irreversible one way trip and might be far too early to do that

    • sodium_nitride [she/her, any]@hexbear.net
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      11 hours ago

      You don’t necessarily need to push the Communism button to accomplish de-dollarisation. It could be done using keynesian style policies as well. In fact, Keynes himself at some point did try to implement a global “bancor” system in which no currency would have dominance and there would be trade balance.