flix on Nostr: No BRICS country will trust another's currency. It's too easy for China to manipulate ...
No BRICS country will trust another's currency. It's too easy for China to manipulate the CNY to its benefit and its partners' detriment.
The game theory behind this was all discussed by JamesGRickards in "Currency Wars" a decade ago.
Published at
2024-10-24 10:45:47Event JSON
{
"id": "b04ffa53089019738bc9f45b66c0eb381309f85b896f323ca63e1e01e4cdcfd4",
"pubkey": "61854976ba1a538b9dfed1b1df9b42e57602790e9354c59891be7b3713db637c",
"created_at": 1729766747,
"kind": 1,
"tags": [
[
"e",
"b4ccf4d9a32c2c81fba9b29a3b480d3c12ca2e9b9ca487e2612cf0abca155c9d",
"",
"root"
],
[
"p",
"61854976ba1a538b9dfed1b1df9b42e57602790e9354c59891be7b3713db637c"
]
],
"content": "No BRICS country will trust another's currency. It's too easy for China to manipulate the CNY to its benefit and its partners' detriment.\n\nThe game theory behind this was all discussed by JamesGRickards in \"Currency Wars\" a decade ago.\n\nhttps://m.primal.net/Lgae.png ",
"sig": "0e5fc21272f706df267fea74b766d5ace62a7af0b38a121bb8c6574fd5aca263b97998922bd27df71e16a32ecd16031a2515a02fe6fbd98ce9073c3583aff285"
}
