Vladimir Putin slams the U.S. dollar as a trust-based system backed by nothing
In a recent video released by Sputnik, Russian President Vladimir Putin criticized the United States for abandoning the gold standard. The criticism is based on the country leaving the U.S. dollar as a trust-based currency backed by nothing. According to the video translation shared by Jane Adams in a post on X, Putin stated: “The United States decided to step away from the gold equivalent. There is no other promise, no other collateral rather than trust towards the U.S. economy.” Picks for you Stock market indicator resembles the 2000 dot-com bubble pattern 52 mins ago Is Ethereum overvalued? Network value indicator's all-time high suggests it is 1 hour ago ...