Dollar Ponzi
They Don’t Need to Kill the Dollar to Change the Entire Financial System
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from Miles Franklin:
They Don’t Need to Kill the Dollar to Change the Entire Financial System — Andy Schectman
CEO of Miles Franklin Precious Metals, following the latest BRICS summit in New Delhi. Schectman argues that BRICS is quietly building a parallel financial system through alternative payment rails, gold-backed settlement mechanisms, and local-currency trade, not necessarily a single BRICS currency. Schectman explains why he believes “de-Treasurization,” not de-dollarization, is the real shift underway as countries reduce reliance on U.S. Treasuries while accumulating gold. He also discusses rising Treasury yields, central-bank gold buying, the movement of gold and silver to Asia, and why he believes inflation is “guaranteed” as the global monetary system evolves.
