Exciting New Proxy for The Russian Ruble
- Thread starter Chase
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Interesting Takes from the Symbolic 200-unit Note:
1. The new BRICS currency is positioned to replace either Euro or Yen.
2. Bankers are rumored to generate interest in the new BRICS currency via FX to generate liquidity, modeled after the explosive growth of Eurodollar 30-40 years ago by promoting the BRICS currency accounts to banks in non-BRICS countries. Please note that Eurodollar (not EURO) refers to USD held offshore (outside US) and not regulated by FEDERAL RESERVE,.
3. Russia is ready to bypass trade settlement sanctions via the new currency to obtain USD and Euro.
4. The back of the new note featured 4 major ASEAN economies, Vietnam, Malaysia, Thailand and Indonesia.
5. Failed-states such as Cuba, Uganda and Iran are also featured on the note.
1. The new BRICS currency is positioned to replace either Euro or Yen.
2. Bankers are rumored to generate interest in the new BRICS currency via FX to generate liquidity, modeled after the explosive growth of Eurodollar 30-40 years ago by promoting the BRICS currency accounts to banks in non-BRICS countries. Please note that Eurodollar (not EURO) refers to USD held offshore (outside US) and not regulated by FEDERAL RESERVE,.
3. Russia is ready to bypass trade settlement sanctions via the new currency to obtain USD and Euro.
4. The back of the new note featured 4 major ASEAN economies, Vietnam, Malaysia, Thailand and Indonesia.
5. Failed-states such as Cuba, Uganda and Iran are also featured on the note.
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Wot about bitcoin? Dump them?
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