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Giorgetti “Duties and cryptocurrencies are economic weapons”

BERGAMO (ITALPRESS) – “We are living in a period of great political and economic uncertainty, marked by widespread armed conflicts and increasingly looming technological threats. But also of decidedly aggressive trade and financial wars through the use of Duties and cryptocurrencies. Tools used as real “economic weapons,” capable of redefining global financial and trade balances and dynamics, but which are also profoundly influencing world politics.”

Economy Minister Giancarlo Giorgetti said this in his speech at the swearing-in of Guardia di Finanza officer trainees in Bergamo. “Imposing duties on certain goods is no longer just a measure to defend the national economy and regulate trade relations between countries, but a real lever that conditions international policies,” he added.

“Cryptocurrencies are emerging as a disruptive economic force in some ways. Their ability to operate outside traditional banking circuits and to challenge the centrality of sovereign currencies is leading to new forms of economic independence,” the minister went on to explain. “The growing spread of digital currencies puts pressure on traditional mechanisms of economic and political control, opening up new frontiers for financial exchanges, but also for financing activities that are not always lawful,” added Giorgetti, for whom “tariffs and virtual currencies in different but equally effective ways are means that condition not only the economy but also international politics.

– IPA Agency Photos –

(ITALPRESS)