Economist’s “News and Views” Saturday 6-29-2024

Project mBRIDGE Explained: BRICS, Multi Currency Reality Via New Blockchain Settlement System

Lena Petroa:  6-29-2024

Blockchain-based project mBRIDGE will become the foundation for a new, global alternative financial system. mBridge does not support settlements made in U.S. dollars.

Today, Warwick and Lena discussed how project mBRIDGE works, its structure, key stakeholders as well as the benefits that it will facilitate for the global majority.

 The discussion focuses on the process of de-dollarization, the BRICS+ bloc and the future of payment settlements.

https://www.youtube.com/watch?v=hRwzx7WnT7s

BRICS Shocked Dollar by Switching to Gold Reserve: What next?

Fastepo:  6-29-2024

In this video, we explore the recent global shift toward increasing gold reserves and examine how this trend impacts the relationship between gold prices and the US dollar.

We delve into the reasons behind various countries' moves to diversify their reserves away from the US dollar. Additionally, we analyse how gold prices typically respond to fluctuations in the US dollar.

https://www.youtube.com/watch?v=JjwhZ8fWbcg

What Is Money?

Lynette Zang:  6-29-2024

Today we are talking about money, what it is, how it's created and the lie that has been sold to us...

https://www.youtube.com/watch?v=wbs6Dye17Do

 

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