Stockbroker claims the actual war is in currencies and Russia’s president can destroy the dollar
Russian Rouble and US dollar banknotes are seen in this illustration taken March 10 2023. Picture: REUTERS/DADO RUVIC
going on and provides, in my view, a rational and informed context to what is unfolding geopolitically and, more importantly, geo-economically media focus is on the Ukrainian battlefield. The real war is in currencies, with Russia being capable of destroying the dollar. So far, Putin’s actions have been relatively passive. But already both China and Russia have accumulated enough gold to implement gold standards. It is now overwhelmingly in their favour to do so.
the other 6.7-billion from challenging it. It’s a clash between production-based economies and economies increasingly based on finance
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