BRICS+ January 2024 Update

An episode of the Hard Asset Money Show podcast, hosted by Christian Briggs, titled "BRICS+ January 2024 Update" was published on January 10, 2024 and runs 71 minutes.

January 10, 2024 ·71m · Hard Asset Money Show

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Summary

BRICS+ (Brazil, Russia, India, China, South Africa) countries are trying to attack the U.S. dollar, with the addition of five new member states as of January 1, 2024, which include Egypt, Ethiopia, Iran, Saudi Arabia, and United Arab Emirates. The problem is this…what currency are they going to pick, and what country is going to be in charge. The three largest countries will all be fighting to use their own digital currency as the backer. China with its digital yuan. Russia with its digital Ruble. And India with its digital Rupee. In any case, it will be backed by gold.

Episode Description

BRICS+ (Brazil, Russia, India, China, South Africa) countries are trying to attack the U.S. dollar, with the addition of five new member states as of January 1, 2024, which include Egypt, Ethiopia, Iran, Saudi Arabia, and United Arab Emirates. The problem is this…what currency are they going to pick, and what country is going to be in charge. The three largest countries will all be fighting to use their own digital currency as the backer. China with its digital yuan. Russia with its digital Ruble. And India with its digital Rupee. In any case, it will be backed by gold.

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