BRICS Financial System Will Be Like NOTHING We've Seen Before | Prof. Yan Liang [Part 2 of 2]

China's BIGGEST Debt Problem Is Local. MMT Explains Why. | Prof. Yan Liang [Part 1 of 2]
https://rumble.com/v72q650-chinas-biggest-debt-problem-is-local.-mmt-explains-why.-prof.-yan-liang-par.html
[Part 2 of 2]
The BRICS financial system won't be a copy/paste of western institutions and it will certainly not be a second "Euro". Nobody would be that foolish again. Instead, the financial architecture will be a decentralised system build on the convertibility of currencies and potentially a common unit of account to replace the dollar's function as a world wide price tag.

This is the second part of a talk with Dr. Yan Liang, a Professor of Economics at Willamette University, a private liberal arts college in the US. She is also a Research Associate at the Levy Economics Institute and a Non-Resident Senior Fellow at the Global Development Policy Center of Boston University.

Yan specializes in Modern Monetary Theory (MMT), the Political Economy of China, Economic Development, and International Economics.