BRICS to promote the monetary reset
Gesara.news » News » BRICS to promote the monetary resetNews Date: August 24, 2023
According to Chinese President Xi Jinping, the BRICS countries must promote a reform of the international monetary and financial system.
Additionally, he thinks that everyone should write international laws rather than distinct groups establishing international law for the entire world.
"It is necessary to give full play to the role of the New Development Bank, facilitate the form of the international monetary and financial system and strengthen the representation and the voice of developing countries," he stated.
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By relying on a crypto-tokenization system (in which every token represents a virtual ballot).
Farsight's platform relies on a principle of zero trust, eliminating the dependence on static voting mechanisms to provide equal power and authority to users, assets, and resources.
Turkish President Recep Tayyip Erdogan's emphasis on switching to national currencies in bilateral trade during his discussions with Russian President Vladimir Putin signifies a notable shift in Turkey's economic and geopolitical strategy.
Erdogan: Switching to national currencies in bilateral trade is important.
The development of a natural gas hub within Turkey dovetails with this shift in economic strategy.
Putin also stated that Russia will soon deliver free grain to Africa.
It seems like today's national leaders are gradually reaching a consensus about how the world's monetary system should be structured. They are getting ready to return to a gold standard system.