Islamic State Plans to Dump US Dollar, Here's MMT Initiator's View - CNBC Indonesia - World Latest Movie, Series, Videos and Trailers | fetery.com

Islamic State Plans to Dump US Dollar, Here's MMT Initiator's View

3,010,803 views

CNBC Indonesia

Published on Dec 26, 2019

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The plan of a number of Islamic countries to make gold a means of payment to replace the US Dollar is called the Initiator of Modern Monetary Theory (MMT), Mardigu Wowiek as part of an effort to release dependence on the dollar, considering that the US prints its dollars without using gold as collateral. Through dedollarization through the use of gold-based Dinars, it is hoped that it can become a currency benchmark so that inflation will be worth 0 and change the new economic order. So how do observers see the success of this dedollarization step? For more, watch Aline Wiratmaja's dialogue with the Initiator of Modern Monetary Theory, Mardigu Wowiek in Power Lunch, CNBC Indonesia (Thursday, 12/26/2019) Continue to follow business economic news and in-depth analysis only at https://www.cnbcindonesia.com/. CNBC Indonesia is affiliated with CNBC International and operates under the Transmedia group and is affiliated with Trans TV, Trans7, Detikcom, Transvision, CNN Indonesia and CNN Indonesia.com. CNBC Indonesia can be enjoyed through Transvision ch 805 or streaming through the CNBC Indonesia application which can be downloaded on the Playstore or iOS. Follow us on social: Twitter: / cnbcindonesia Facebook Page: / cnbcindonesia Instagram: / cnbcindonesia

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