I preordered his latest book, but can't get it delivered to the UK & there are no other channels I can find. Should have asked Tucker to bring one back. It's anyway about Russia and China forging ahead.
This is Glazyev's most recent relevant statement, below, summarised as that all the design, technical and practical elements, including countries’ reserves, are in place. Hence just signatures on the legal treaty are needed, maybe on 27th February by ministers, following the sherpas’ meeting end January.
The currency surely wouldn’t start being used right now, but the key element is legal formulation of all aspects; hence no single country can arbitrarily overprint, nor revalue to the detriment of others. Completely different from current fiat, economically & legally.
Really, no change in the plan for over two years or so, but it does seem to be much nearer, more settled than ever. Maybe signatures this month, review, ramp up, then deploy post-Kazan in October.
If the technical infrastructure is in place and the planned ratios of the basket of commodities agreed, then initial audit & tokenisation are “all” that is needed (months, then, which would just work in time for Kazan).
Putin talked about agreeing a model for a new type of prospective member of BRICS for the 30+ candidate countries. I’d imagine use of this would be a precondition: no more promises. Trust only legal eagles.
I think that’s why Glazyev went on to write the 392 pages of, ‘Leaping in to the future’, published end 2023, because his part of the new, global currency has been done for a couple of years, as far as he’s concerned and the name is important, but for others to decide.
In its way, it’s similar to the 24-year-old sculptor standing back on that wet Wednesday morning in Rome, dusting off his overalls, admiring the finished piece. A workman passes by, saying, “Nice one, Mike! Pity they wouldn’t pay for the halo”.
“Pity”, he thinks. “Yes, good name. I’ll call it that”.
This GoldBRICS money may have just as much impact, as will Kinesis.
Sergey Glazyev is a Russian economist and politician, Doctor of Economic Sciences, Professor, since 2008, Academician of the Russian Academy of Sciences, foreig...
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