Fed.gov just confiscated $300 billion of Russian reserves. Is that not a lesson to every country in the world that to maintain your political independence, one should NOT deal in US Dollars?
the BRICS and much of Africa want an alternative to the US Dollar, and they are planning it now. What will it be gold? Some basket of currencies? Oil? Chinese Yuan?
It doesn’t mean the US dollar collapses. It just means over time, there will be more competition
The future of the US dollar is really in OUR hands. What will the USA do to make its currency attractive to hold? IMHO - we will likely continue on the path of woke, neocon, debt-fueled neo-marxism.
Let’s check back in 10 years.
“Fed.gov just confiscated $300 billion of Russian reserves.”
The Russian Federation might sell off the Russian Federation patent rights, copyrights and other intellectual property of US and EU companies and persons.
[Let’s check back in 10 years.]
Sorry, Agenda 2030 says it can’t wait that long.
Moose out front should have told ya.
(just kidding.....)
the BRICS and much of Africa want an alternative to the US Dollar, and they are planning it now. What will it be gold? Some basket of currencies? Oil? Chinese Yuan?
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Politicians want to steal. I doubt politicians will create an alternative to the dollar.