Dollar-based institutions are ‘geriatric,’ economist tells RT ...News

Russia Today - Economy
Dollar-based institutions are ‘geriatric,’ economist tells RT
source : Russia Today ( News ) () 63
The modern world needs an alternative international payment system based on national currencies, Rasigan Maharajh says The growing use of national currencies in international trade removes the ‘privileged role’ of the US dollar, which is exactly what the global majority needs right now, according to an economist. Rasigan Maharajh, the chief director of the South-African Institute for Economic Research on Innovation at Tshwane University of Technology, spoke to RT on the sidelines of the Valdai Discussion Club meeting in Sochi on Thursday. According to him, the dollar itself and the financial institutions based on

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