Mises Wire
Author:
Thorsten Polleit
Online Publish Date:
On Friday, July 7, 2023, news broke in the financial market media that the “BRICS” (that is, Brazil, Russia, India, China, and South Africa) will implement their plan to create a new international currency for trading and financial transactions, and that this new currency will be “gold backed.” Most recently, on June 2, 2023, the foreign ministers