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Because BRICS will adopt a gold-backed currency to resolve oil transactions without USDollars. This should happen late August.
by ProllyInfamous 3y ago
Because BRICS will adopt a gold-backed currency to resolve oil transactions without USDollars. This should happen late August.
- senectus1 3y agolol BRICS is a predictable failure.
- ProllyInfamous 3y agoYou're not going to reliably bully people away from transaction their species-backed stores of value for petroleum. Particularly not dozens of non-USDollar-backed countries eager to transact differently. See: recent price of gold and bitcoin and oil (and stock market, in general) IE: NOT USD See, also: several countries request physical return of their alleged gold holdings
- treyd 3y agoIs there somewhere to read about this specific plan?
- ProllyInfamous 3y agoSee: https://duckduckgo.com/?t=h_&q=%22BRICS%22+gold-backed+currency&ia=web https://duckduckgo.com/?t=h_&q=%22BRICS%22+gold-backed+curre...