The Demise of the “IOU Nothing” Currencies Is Right Around the Corner.
maneco64 Video Chapters: 00:00 Introduction 01:50 The Smithsonian Agreement 07:05 The Petrodollar 08:13 Gold-backed or commodity basket? 09:42 The demise of “IOU Nothing” currencies 10:27 US to provide Europe with Natural Gas? 14:12 China & Russia alliance 17:07 Multipolar World 19:02 Market update 22:50 Conclusion – Today we will look back at the demise of …