Putin Leading BRICS Nations Into a Gold Standard.

in #money2 months ago

Video Chapters:

00:00 Introduction
02:11 SPIEF 2022 Conference
04:43 Putin's Key Comments
06:32 Inflation and unbacked debt
07:18 What has Donbas/Ukraine have to do with inflation?
09:25 Putin blames the West's erroneous economic policies for inflation
10:40 Putin price hike or Putin Inflation
11:44 Putin warns BRICS and Global South about the West's deficit spending
14:02 Putin says the world is moving from mythical values to real assets
16:15 ING Bank says BRICS could adopt the gold standard
20:49 Market update
26:32 Conclusion

Today we will be going over some of the key comments made by President Putin at the SPIEF conference in St. Petersburg, Russia on June 17, 2022.

We will also be looking at how Russia is leading the BRICS nations and the rest of the Global South towards a new monetary system possibly backed by gold.

Vladimir Putin Address at Plenary Session of the St. Petersburg International Economic Forum 2022:

BRICS: The new name in reserve currencies: https://think.ing.com/opinions/brics-the-new-name-in-reserve-currencies

St Petersburg International Economic Forum: https://forumspb.com/en/

'Inflation Was High Before Ukraine': Powell Tosses Biden Back Under The Bus: https://www.zerohedge.com/markets/inflation-was-high-ukraine-powell-tosses-biden-back-under-bus

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