"World To Abandon US As The Dollar Crumbles" Alasdair Macleod
World To Abandon US As Dollar Crumbles | Alasdair Macleod
Liberty and Finance: 12-22-2022
The rest of the world is catching on to the easy monetary policy of the West.
The BRICS nations are developing a new reserve currency that is likely to be backed by commodities and possibly gold.
If this BRICS currency emerges, this is bad news for the West and the U.S. dollar, says Alasdair Macleod, head of research at Gold Money.
INTERVIEW TIMELINE:
0:00 Intro
1:40 Bank of Japan
8:50 Debt ceiling
16:33 Bonds & stocks
21:02 Banking collapse
27:00 Gold backing