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Economy See other Economy Articles Title: Will a New BRICS Currency Backed by Gold Mean the End of Global Dominance for the U.S. Dollar?
Source:
LRC
URL Source: https://www.lewrockwell.com/2023/07 ... -dominance-for-the-u-s-dollar/
Published: Jul 28, 2023
Author: Michael Snyder
Post Date: 2023-07-28 01:10:45 by Charles_Byrd
Keywords: None Views: 32
Is the global dominance of the U.S. dollar in danger? In recent weeks, there has been lots of speculation about the introduction of a new BRICS currency that would be backed by gold. In this article, my goal is to sort through what is true and what is not true. From August 22nd to August 24th, the 15th BRICS summit will be held in Johannesburg, South Africa. Back on July 5th, RT sparked a firestorm of rumors when it reported that a decision to introduce a new BRICS currency that would be backed by gold would be made prior to the upcoming summit in Johannesburg
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