Are the BRICS nations issuing a n...

Are the BRICS nations issuing a new reserve currency?

Two Steps Ahead by Molly Elmore
S1 · E4
Nov 3, 2022
25:36

Episode notes

As countries around the world move away from the US dollar for trade, the BRICS nations announced plans to issue a new reserve currency, and referred to it as a basket currency. What does that mean? How does a basket currency work?

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Keywords

currency reset
brics
digital assets
tokenization