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Its going to be interesting. I know for a fact there is going to be double borrowing.
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What do you mean?
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They are going to set aside gold to base their currency off of. Then they will use a % of money based on that gold for brics. Then they will use a % of that gold for their own currency. So they will have gold that has been borrowed against at least twice...and at probably 1000% of its value.
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