GOLD STANDARD COMING BACK - BANK ON BRICS
The Property Nomads Podcast · Rob Smallbone & Aaron Devoy
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Show Notes
The Gold Standard is likely to return in due course, and all thanks to the BRICS nations, who meet in August of 2023, to put the wheels into motion on something that could have a profound impact on the rest of the world. In this episode, Rob exposes the truth, and tells you how it may impact you in the future.
KEY TAKEAWAYS
- President took the dollar from the Gold Standard in 1971, which resulted in a floating currency mechanism. Since then currency has debased exponentially.
- The BRICS nations (Brazil, Russia, India, China and South Africa) have had enough of the US using the dollar as a weapon. People are rising up.
- During the time of the gold standard inflation was minimal averaging around 1-2% and the world was seeing a general sense of prosperity.
BEST MOMENTS
'We've had a lot of inflation, greed and messing around'
'Let's go back and install some form of sound money system'
'The East are playing a game of chess. Us in the West are playing a game of draughts'
VALUABLE RESOURCES
https://linktr.ee/thepropertynomadspodcast
ABOUT THE HOST
Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s.
BOOKS
Property FAQs = https://amzn.to/3MWfcL4
Buy To Let: How To Get Started = https://amzn.to/3genjle
101 Top Property Tips = https://amzn.to/2NxuAQL
WHERE TO FIND US