BRICS Is Quietly Building the Plumbing for a Post-Dollar World.

Pilar Gold: https://www.pilargold.com/pilargold-e... Chancery Royalty: https://www.chanceryroyalty.com/chanc... The global monetary system may be changing faster than most people realise. In this livestream, I’ll take a close look at a new Financial Times article, “Booming Brics payments systems seek more cross-border links,” which examines how major BRICS economies are increasingly looking to connect their rapidly growing domestic payment systems across national borders. India’s UPI and Brazil’s Pix are already enormous. According to the FT, instant-payment systems within the BRICS bloc have processed more than $10 trillion over the past 18 months, while UPI has more than 550 million users and Pix more than 170 million. The next step could be linking these systems internationally and allowing more trade and payments to take place directly in national currencies. But there is a much bigger monetary question behind this story. How do countries ultimately settle their accounts without constantly going through the US dollar? The FT itself raises the possibility of an alternative common reference or settlement asset — potentially involving gold or a basket of currencies. We’ll discuss whether this represents another important step towards a more multipolar international monetary system, what it could mean for the dollar’s role in global trade and settlement, and why the development of alternative payment infrastructure could ultimately prove more significant than all the talk about creating a single “BRICS currency.” We’ll also look at the implications for gold, the US Treasury market, the dollar-based financial system and the accelerating move towards monetary alternatives outside the traditional Western financial architecture. As always, I’ll also be taking your questions and looking at the latest developments in the markets. #BRICS #DeDollarization #Gold #USdollar #BRICSPay #Pix #UPI #GoldStandard #FederalReserve #TreasuryMarket #BondMarket #FiatCurrency #CentralBanks #Geopolitics #maneco64 Maneco64 Merch Store and the Rudy Collection: https://www.13swag.com/rudy Keep your possessions safe with The Dirtyman Safe - Use the maneco10 promo code for a 10% discount: https://affiliates.dirtymansafe.com/m... Where to Buy Precious Metals: In North America: Miles Franklin Precious Metals Investments: send an email to info@milesfranklin.com and mention Mario or maneco64 or call 1-800-822-8080 Or visit: https://milesfranklin.com/maneco64/ The G20 says stronger economic growth can solve the mounting debt problem — but can governments really grow their way out when spending and entitlement obligations continue to surge? GlintPay App, Save and Spend in Gold and buy and store silver: Promo code MARIO79 gives new users free card delivery worth $10 or £7.99 for those in the U.K. In the U.K. but will ship worldwide: Contact Oliver Temple or Simon Temple at Gold Investments: Use promo code maneco64krug to get a 1% discount on 1 troy ounce gold Krugerrands at https://www.goldinvestments.co.uk For 1% off 1 Troy ounce gold Britannias 2013 and mixed dates use Maneco64Brit For all other products use promo code maneco64 separately for a 0.5% discount You can only use one promo code for each separate transaction. SUPPORT the Channel: Paypal: https://paypal.me/maneco64?country.x=... Patreon:   / maneco64   This video is for informational purposes only and should not be considered financial advice. DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions. AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning at no cost to you I earn a commission if you click through and make a purchase. However, I only recommend products or services that I believe in.