This is true. But one could say it is a form of austerity as well...
The economy grows is the government retreats from as many markets as possible.

Hmmm 🤔
Difficult...
It's definitely not gonna be 1, maybe a little of 2, and 100% a lot of 3😁

Haha awesome.

Russia basically admits that there is not going to be a BRICS gold-backed currency (this is 100% correct, BRICS countries love the money printer too much).

But de-dollarisation is happening anyways. Hmm what would be replacing the dollar? 🤔

#Bitcoin

https://news.bitcoin.com/russia-says-brics-currency-unlikely-in-near-future-but-de-dollarization-grows-globally/

A gold-backed BRICS currency will never happen.

Not one BRICS country wants to go on the gold-standard.

They are all too in love with the money printer.

Summary of the fall of Rome:

Centralisation → Debasement → Collapsehttps://m.primal.net/HHlM.jpg

Great example of how history keeps rhyming. Even on something I thought was contemporary like "the current thing" 😂

True. Every nation can use Bitcoin to get forex into the country.

Global transactions are a headache with all these fiat silo's.

By adopting #Bitcoin African nations allow their people to participate in the global digital economy.

They wouldn't have to ask "permission" of other countries to do financial transactions.

If country A has #Bitcoin it can build an "encrypted wall of energy" in cyberspace that country B (which doesn't have #Bitcoin) can't touch.

At the same time country A is still able to attack country B's cyberspace in conventional ways.

No it is actually off by 15.1%…

😁

That the average person sees the state as a father to be trusted instead of an intruder to be mistrusted.

In other words, people don’t study history 😥