Digital fiat currencies will spread next year while the U.S. dollar will be losing its status of global reserve currency, according to Russia’s former head of state. In a string of tweets, Dmitry Medvedev gave his two cents on what the future holds for the world, a “humble contribution,” as he put it, to the “wildest predictions” ahead of New Year’s Eve.
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The Bretton Woods monetary system will collapse next year causing the International Monetary Fund and the World Bank to crash, according to the man who was at the helm of Russia for four years between two of Vladimir Putin’s presidential terms.
“Euro and dollar will stop circulating as the global reserve currencies. Digital fiat currencies will be actively used instead” while “all the largest stock markets and financial activity will leave the U.S. and Europe and move to Asia,” Dmitry Medvedev stated on social media.
Through a series of p
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