South Africa Wants to Back a Currency With Critical Minerals...
“If those idiots ever make an industrial commodity into money, we’ll bankrupt their nation in a heartbeat. I’ll personally oversee the new basket we create to do it.”
-Head Trader GSCI, 1997
currency vs sov.
Africa Set To Test Critical Minerals-Backed Currency
By Darren Taylor via The Epoch Times
Major countries and regional blocs in Africa are throwing their weight behind an ambitious plan to establish a “non-circulating” currency backed by critical minerals, which are crucial to technological development, defense, and economic growth.
Analysts say a denomination based on commodities could…
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