Putin: Commodity Backed Money Is The Future

in LeoFinance3 years ago

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Well it seems like Vlad is playing Back to the Future too. Of course, he is no more accurate than the rest of those who proclaim this is a good idea.

In this video I break down all the flaws in Putin's (and everyone else who believes this) thinking and how unrealistic it truly it.

Here is the article discussed in the video:

https://cryptopotato.com/vladimir-putin-slams-western-monetary-policy-predicts-global-shift-to-commodity-reserves/


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politicians with a lot of power believe they carry out actions without caring about the people and neighboring countries, only time is fair and puts everyone in the place they deserve

they carry out actions without caring about the people and neighboring countries

Unfortunately they really do. They do not care even about their own country. They care only about their own richness. Putting money in their own pockets.

only time is fair and puts everyone in the place they deserve

In the graveyard?

But putting aside the black humor, time is really not solving this problem. Especially not globally. Most people are poor, and many people suffer from starvation, just to keep a small number of people rich, and make them even more rich.

This is what is happening in the world. And happened in the past too. I do not know if this will ever change.

Many people are fed by the promise that the future will be better, they have to endure x years, then x years again, and so on. Some people still believe in this promise after waiting for more than 40 years.

So what will the time solve?

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Wow
You have a very different impression of Putkin’s speech, the other media sources who lauded him for speaking about inflation, but ignored thus self serving ridiculous idea of a commodity based monetary system.
Thanks for your insight

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