0 sats \ 1 reply \ @jddska 21 Oct \ on: MONEY CLASS OF THE DAY: The Fed Did NOT Grow Money Supply 4x During the Pandemic econ
Do you have some thoughts on the brics movements and gold? It's really interesting what's going on now, and trick to say "ah ha, gold is up 40% in the last 12 months, so the fed must be printing a lot".
Chinas CBDC is already operational with in China and providing trade payments liquidity for nations like Russia and Iran who are now captive tribute states to China via its mercantile and monetary systems.
This Chinas CBDC Yuan already operates its alternative to SWIFT and is the almost inevitable protocol to form the basis of any BRICS monetary challenge to USD SWIFT.
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