Replies to Msg. #1225904
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 Msg. #  Subject Posted by    Board    Date   
43765 Re: Ricards: “BRICS+” will announce new currency on August 22–24.
   It will be interesting to see what the BRICS+ might propose at their A...
Fiz   6TH POPE   24 Jun 2023
7:00 AM
43745 Re: Ricards: “BRICS+” will announce new currency on August 22–24.
   Hi Zim! The problem I have with GOLD as a currency and in the form...
micro   6TH POPE   23 Jun 2023
8:59 PM

The above list shows replies to the following message:

Re: Ricards: “BRICS+” will announce new currency on August 22–24.

By: Zimbler0 in 6TH POPE
Fri, 23 Jun 23 6:33 PM
Msg. 43741 of 58523
(This msg. is a reply to 43714 by Fiz)
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Assuming this Russia / China 'BRICS currency' REALLY is gold backed . . .

How long can or will they keep it so?

Russia has a shrinking population base . . . and has lost a LOT of their working age males in Ukraine.

China has 'debt problems' and also has a shrinking population of working age males. Courtesy of a combination of that 'one child policy' and more affluent mothers who do not want to produce large families.

Do I trust Russian currency? No.

Do I trust Chinese currency? Again, No.

Do I trust American currency? Do I have a choice? Everything I need or want to buy is denominated in American Dollars.

Zim.




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