General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
MSD Group
Think BRICS
comments
Comments by "MSD Group" (@MSDGroup-ez6zk) on "BRICS: There Is Life Without SWIFT" video.
@Laurie-si7mp Gold is not strong enough. Look at Zimbabwe.
1
@ltsgt1 well, gold is not as liquid as petrol as the USA keep selling its oil related products such as cars, commercial jets, plastics etc even charging extra tax for EV cars just to support petrodollar. However, if the USA can do petrodollar, the rest of the world can do similar to petrodollar too. Every time USD has increased, the other natural resources prices will increase too including gold. So, they sell less with more money like petrodollar. That's why EU and the USA are in trouble to control their inflation.
1