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Will The West Create A Gold Digital Currency? | Andy Schectman
There have been movements in the U.S. and around the world toward re-establishing precious metals as money. The International Monetary Fund recently issued the paper "Gold as International Reserves: A Barbarous Relic No More?" There is talk about a new reserve currency from the BRICS nations, possibly gold-backed. Andy Schectman, CEO and president of Miles Franklin, says the only thing that could stop the BRICS in their tracks would be the western countries, through the IMF, issuing a gold-backed digital currency.
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