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I keep hearing about a BRICS+ commodity-backed currency, but I haven't seen any documentation on it. Where do people find out about these things? And could it
by MerelyMortal 4y ago
I keep hearing about a BRICS+ commodity-backed currency, but I haven't seen any documentation on it. Where do people find out about these things? And could it be that Ghana will just use that and that settlement system? Do they have dollar-denominated debt?
- InTheArena 4y agoGhanna is getting crushed by their debtload right now. A different currency wouldn’t really make a difference. They also announced this morning that they will be asking their debtors to accept a mandatory 30% reduction in value of foreign bonds.
- sfusato 4y agoPerhaps try looking over the wall since almost none of established media companies seem interested in reporting the story?