Former Russian President Medvedev sees U.S. dollar losing reserve currency status.
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.
“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 posts in a humorous tone this week, he gave his thoughts on what could happen in 2023. “On the New Year’s Eve, everybody’s into making predictions. Many come up with futuristic hypotheses, as if competing to single out the wildest, and even the most absurd ones. Here’s our humble contribution,” the leader of the ruling United Russia party tweeted on Monday.will reach $150 a barrel and natural gas will top $5,000.
The Russian government official, now serving as Deputy Chairman of the country’s Security Council, sees California as an independent state and Texas leaving the U.S. to form an alliance with Mexico. “Elon Musk’ll win the presidential election in a number of states which, after the new Civil War’s end, will have been given to the GOP,” he wrote.
Dmitry Medvedev, who was also Russia’s prime minister between 2012 and 2020, and is regarded as a more liberal politician than Putin, has been quite active on social media since Moscow attacked Ukraine in late February. The military invasion was met with waves of Western sanctions.
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