Why a BRICS Gold Standard Is a Fiction

Source: Cobden Centre
by Jeremy E Powell

“Ever since the sanctions onto Russia over the invasion of Ukraine, combined with real domestic economic anxieties of the post-pandemic era and declining institutional trust, a handful of libertarians and a mix of anti-war conservatives and the far-left have been announcing that de-dollarization was inevitable, prompted by BRICS’s desire to pursue a gold-backed currency.” (08/13/26)

https://www.cobdencentre.org/2026/08/why-a-brics-gold-standard-is-a-fiction/