BRICS Moves to Launch a New Reserve Currency
BRICS Moves To Launch A New Reserve Currency
Sean Foo: 1-31-2023
At the 2023 BRICS summit, Russia has confirmed a new reserve currency system will be discussed. If this comes true, a powerful new competitor could arise to challenge the dollar and the Euro.
However, what shape will a BRICS currency take? Will it be backed by commodities like oil or gold?
Here's what you must know about this game-changer.
Timestamps & Chapters:
0:00 The BRICS Currency Is Coming
1:31 Is It Possible?
4:10 Breaking Away From The Dollar
6:57 Backed By Oil & Gold?
9:40 Free From Sanctions
12:11 Prepare For A Shift