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Gold-Backed Currency for International Trade? | Simon Hunt
Russia's trade surplus with China is expanding significantly. BRICS—Brazil, Russia, India, China, and South Africa—has Russian economists controlling its finances. These countries are creating new trade and currency networks, including a currency based on 20 commodities they produce. Gold grams will replace US dollars in this currency. Instead, this new currency will be backed by a basket of commodities, including gold, and used for BRICS and external commerce.
Watch this short video from Global Depression By 2025, Caused By Double-Digit Interest Rates & Inflation | Simon Hunt.
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