Ukraine and the Next Wave of Inflation, Part II, Can Russia Enact a Gold Standard?

6:34 AM

First published by Money Metals Exchange here: https://www.moneymetals.com/news/2022/03/11/can-russia-enact-a-gold-standard-002493

In Part I we discussed how the fallout from the Russian invasion of Ukraine will lead to inflation, but not in the way most people think. In Part II we discuss the possibility of Russia repudiating the dollar and going on a gold standard. Can they do it? How would the world react? Why not enact a Bitcoin Standard instead?

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