Will The West Create A Gold Digital Currency? | Andy Schectman

There have been movements in the U.S. and around the world toward re-establishing precious metals as money. The International Monetary Fund recently issued the paper "Gold as International Reserves: A Barbarous Relic No More?" There is talk about a new reserve currency from the BRICS nations, possibly gold-backed. Andy Schectman, CEO and president of Miles Franklin, says the only thing that could stop the BRICS in their tracks would be the western countries, through the IMF, issuing a gold-backed digital currency.

IMF Paper: https://www.imf.org/en/Publications/WP/Issues/2023/01/27/Gold-as-International-Reserves-A-Barbarous-Relic-No-More-528089

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