China already is closer to being a public banking system than we are. If it also adopted the policies of Wisdomics-Gracenomics and consequently democratized the distribution of money while ending inflation and integrating price deflation into profit making systems….they would be even farther systemically ahead of us and so entirely prosperous that we would have to adapt the same policies to prevent “withering away”. They could even call it Wisdomics-Gracenomics with Chinese characteristics, I wouldn’t care. The EU could do the same.
It would be up to us to push for the same here of course…so that an idiot pol like Trump couldn’t demagogue the situation into something going to economic or military war over.