I’m not big of a fan of Chinese surveillance but to most peoples point that have already posted here, if this was about privacy then the government should be passing laws to protect consumer privacy as a whole and not just targeting Chinese companies. Really shows that the government doesn’t give a shit about your privacy just who’s able to get it.

I’m pretty sure the context of the fed saying that is inflation was partly due to there being too many people who have jobs with disposable income. I’m pretty sure nowadays there unfortunately more people with underpaying jobs.

“Too many people have jobs” - The federal reserve