GOLDILOCKS
President Putin's Advisor Announcement:
"Russian President Vladimir Putin’s advisor on foreign policy issues said, ‘Work will continue to develop the Contingent Reserve Arrangement, primarily regarding the use of currencies different from the US dollar’"
The BRICS Nations are in process of creating an independent payment system based on digital technologies & blockchain.
Their intentions are to create a trading coin backed by gold. Remember, 70% of (digital) trade is done on the water from country to country. It will provide more strength to currencies who have been utilizing the dollar instead of their own countries' currencies going forward.
This will significantly shift the role of the dollar, as well as, empower Eastern countries gaining strength in their local currencies through these measures.
Watch the water.
© Goldilocks
https://www.firstpost.com/world/dedollarisation-brics-independent-payment-system-digital-technologies-blockchain-13745631.html
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