BRICS Missed a 'Massive Opportunity' by Delaying Common Currency Plan- Ken Olling

In the ongoing conversation about BRICS and its economic strategies, Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, engages with Ken Olling, Founder and CEO of MELD. Olling raises a critical point, highlighting that the BRICS alliance missed a significant opportunity during their latest summit by failing to launch a common currency this year. With the inclusion of six new members into the alliance, Olling points out the potential risk of "fragmentation" on the horizon.

During the interview, Olling delves into the recent statements by Federal Reserve Chair Jerome Powell at the Jackson Hole summit, particularly focusing on the issue of inflation and the broader theme of de-dollarization. These topics hold immense significance for the world of cryptocurrencies, decentralized finance (DeFi), and Bitcoin.

Furthermore, Olling provides insights into how MELD, his organization, fits into this evolving economic landscape. Join us as we explore the missed opportunities and potential future scenarios in the ever-shifting global economic stage. Stay tuned for this crucial discussion on Kitco News.

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Follow Ken Olling on X (formerly Twitter): @kenblaue (https://twitter.com/https://twitter.com/kenblaue)

00:00 - Intro
03:16 - Fed Chair Powell at Jackson Hole
12:02 - BRICS, common currency, fragmentation
24:27 - Did the Jackson Hole crowd react to the BRICS announcement?
28:19 - What these developments mean for crypto and MELD
34:17 - MELD

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