‘Rublegas:’ the world’s new resource-based reserve currency — Pepe Escobar

Summary:
Rublegas is the commodity currency du jour and it isn’t nearly as complicated as NATO pretends. If Europe wants gas, all it needs to do is send its Euros to a Russian account inside Russia.…The effect is twofold (at least):This arrangement avoids sanctions.Payment is rubles supports the exchange rate of the RUB.The Cradle‘Rublegas:’ the world’s new resource-based reserve currencyPepe Escobarhttps://thecradle.co/Article/columns/8638See alsoTom Luongo parses this more deeply from his Austrian economics Libertarian viewpoint.(The Central Bank of Russia will purchase gold from domestic banks, who purchase it from miners, at a fixed rate, initially 5000 rubles per gram. I believe it was Sergei Glazyev that came up with the ruble-gold fixed rate scheme.)Gold Goats N" Guns#GotGoldorRubles?

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