Famous US economist warns: dollar system is weakening as gold BRICS rise
9 months ago
101
Famous US economist warns: dollar system is weakening as gold BRICS rise
The US dollar is gradually losing its dominance, and foreign central banks are buying fewer Treasury securities, instead holding more gold in their reserves, warns Mohamed El-Erian, a mainstream American economist. Ben Norton discusses how countries are seeking financial alternatives, especially Global South nations around BRICS.
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