Two questions: 1. How much is Russia lying about the state of its economy? 2. What are the chances of money printing going out of control?
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Replying to @andersostlund
@andersostlund@HjalmarSand You are swedish, so you can read this …http://oldwolf-vindenviskarmittnamn.blogspot.se/2014/12/putin-byter-dollar-mot-guld.html …3 replies 0 retweets 0 likes -
Replying to @OldWolf11
@OldWolf11@HjalmarSand Institutions invest short term in gold and oil as a complement to USD, EUR etc but if trust increase they will not.1 reply 0 retweets 1 like -
Replying to @andersostlund
@andersostlund@HjalmarSand What happen if BRICS and other countries leave dollar and want gold back instead for the notes?2 replies 0 retweets 0 likes -
Replying to @OldWolf11
@OldWolf11@HjalmarSand More expensive to trade with gold. That's why we have notes. BRIC is not a union btw, just similar countries if that1 reply 0 retweets 0 likes -
Replying to @andersostlund
@andersostlund@HjalmarSand So USA will not have any problem if BRICS want gold for dollar notes?3 replies 0 retweets 0 likes
@OldWolf11 @HjalmarSand A gold based economy would be much less efficient than the current one. Like moving back 200 years.
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