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

By: micro in 6TH POPE | Recommend this post (0)
Fri, 23 Jun 23 8:59 PM | 33 view(s)
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Msg. 43745 of 58525
(This msg. is a reply to 43741 by Zimbler0)

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Hi Zim!

The problem I have with GOLD as a currency and in the form of a coin, is how do I get change back when paying for something? AND, who all is going to accept a gold coin for payment?

I think gold is good for some things but NOT as a currency.

It could BACK a currency as long as the backing is certifiably done by independent auditors not beholden to the Gubmint... Or any of its assasin organizations..


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The above is a reply 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 58525

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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