Liberty and Finance, Released on 7/12/23
Dozens of countries are looking to join BRICS. And at the August summit, BRICS will be announcing their gold-backed currency. Former bank director Alasdair MacLeod says this is not trivial. Potentially more than half the world’s population will be doing away with the US Dollar. He expects this announcement will accelerate the decline in the value of fiat currencies worldwide.
2:26 BRICS gold currency
21:56 China’s approach
29:09 America’s approach
Alasdair Macleod is head of research for GoldMoney. Alasdair has been a celebrated stockbroker and Member of the London Stock Exchange for over four decades. His experience encompasses equity and bond markets, fund management, corporate finance and investment strategy. Read Macleod’s writing: https://www.goldmoney.com/research.