There has been lots of speculation about BRICs countries working to develop a new trading currency, to enable trade without the reliance on the US dollar. There’s also talk that maybe this new currency will be backed by gold? Many suggest this will be a challenge to western fiat money. There’s a suggestion that such currencies will lose value against s…
The Debunking Economics Podcast
BRICs wouldn’t be silly enough to develop a gold-backed currency would they?
BRICs wouldn’t be silly enough to develop a gold-backed currency would they?
Do people really hark back to the days of the Gold Standard. How would a gold-backed BRICs currency compete against the Fiat currencies we all use today.
The Debunking Economics Podcast
Economist Steve Keen talks to Phil Dobbie about the failings of the neoclassical economics and how it reflects on society.ems-based alternative to mainstream economics
Economist Steve Keen talks to Phil Dobbie about the failings of the neoclassical economics and how it reflects on society.ems-based alternative to mainstream economics
