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Jeremy Barlow
Nomad Capitalist
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Comments by "Jeremy Barlow" (@jeremybarlow2291) on "Cyrus Janssen: Bad US Policy Gave Rise to BRICS and China" video.
They have developed an international trading currency that is gold backed and digital in which participating member states can self-custody their gold, an independent auditor will report on their gold holdings and the participants will be able to freely facilitate trade deals in their own currency by using their digital token as a claim against a counter-party country's participant's gold reserve. It is a restoration of the Bretton Woods gold standard with no need to trust the United States.
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The American public accelerated the demise of the US dollar as a reserve currency this week. It will be dead within 18 months or less at the outermost. The bond market and crypto markets reaction is very telling in regards to the issue. BRICS CBDC is a big reason the demise will occur.
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They also don't install a puppet government that will negotiate an IMF deal so upside down that you WILL never repay it. I mean if you think the deal is fair you can take it. If not you can walk away. The IMF only operates with offers you can't refuse.
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Yeah which is why half of the voters cast a ballot to elect a man to run the country who the majority of countries don't trust. So why would they trust it's currency to park their wealth in. I mean people who can't see the global chess board at all just doomed themselves to inflation 100 times worse than that which they are complaining about which was caused by the guy they elected's ineptitude in disbanding the US pandemic response team which had prevented the outbreak of SARS and a rapidly developing ebola outbreak in the past.
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BRICS is launching a gold backed digital token to facilitate international trade which allows each participant in the deal to trade in their local currency. It also allows each participating country to self-custody their gold with an independent third party audit of their gold supply on a routine basis. They are replacing Bretton Woods with a digital trust less and independently audited gold standard wherein each participating state's central bank is responsible for their own gold and can make claims against the reserves of any other participating state with no need to trust the United States. You will not need to trust South Africa's banks. You need only trust the banks of the country you operate in.
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The decades are about to happen in ways that fifty percent of Americans don't see coming. And which the other fifty percent are already planning paths to escape.
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