Posted inAfrica / Economics / Multimedia

Have real gold reserves but currency has no value

https://youtu.be/7hfFxTbLFWs&rel=0
Why is 5000 unit of our currency worth one unit of your currency where we are the one who owns the actual gold reserves.
– Mallence Bart-Williams

But like all others, she is also confused regarding currency. Since 1971 all our currencies are NOT backed by gold. Now china planing to change that. Thats why US is making all the issue in china sea.

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