Putin Criticizes U.S. Dollar’s Lack of Gold Backing, Calls for Alternative Payment Systems

Russian President Vladimir Putin criticized the United States for its abandonment of the golden standard, remarking successful a Sputnik-released video that the U.S. dollar is present a trust-based currency without tangible backing, a determination underscored by the lack of golden equivalence. This critique arrives during efforts by BRICS countries to diminish reliance connected the U.S. […]