Last week, I shared an article with you about a conversation I had some years back with a former Soviet Politburo economist in Estonia. (If you missed that column, you can read it here.)
During that conversation, he shared with me a secret plan that Russia and China had developed to undermine the dollar, by creating a new currency based on hard assets like oil and food.
Back then I wasn’t sure, but I felt like he was telling me the truth. Now, I have confirmation that he was.
In recent days, a news story has broken about this new hard-asset currency…and that could be very bad news for the dollar.
So, I sat down with Field Notes Managing Editor Ciaran Madden to explain what this new currency is and its potential implications for the greenback.
Check out the video of our conversation below…
P.S. From July 29 to 31, International Living is hosting the Fast Track Costa Rica Conference on the ground in Costa Rica—one of the world’s foremost remote working and retirement destinations. If you’d like to take part, but can’t make it to Costa Rica, then you should know that you can now attend from home (or anywhere else you are in the world) as a Livestream attendee.
With the Fast Track Costa Rica Livestream, you’ll get a front-row seat for every session via live video. IL has even arranged a special online host specifically for Livestream viewers to help you get the most from this event. And don’t worry if you can’t be online for every minute. Every presentation will be recorded and archived immediately so you can review them at your leisure in the future.
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