BRICS Summit – No Gold-backed Currency Will Be Announced On August 22, 2023 By Awake-In-3D BRICS is certainly exploring an asset/gold-backed common currency monetary system to divorce it’s allied members from US Dollar and fiat currency dependency. However, all of the prognosticators claiming that BRICS will “announce” a new common currency this week will be severely disappointed. The truth is, the BRICS Alliance is far from ready to execute such a bold plan. The most we can hope for is that several new member nations will be accepted into BRICS+ block. They will potentially announce an expanded intent to conduct…
Economy / FinanceRomeo Full Staff
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