All US commerce to/from must remain in US dollars and we should bar any US company from trading or using BRICS currency. Maybe cut off commerce with any company that uses it period. Kill this now.
Oh yeah! Let's double-down on stupid!
That is very difficult now with US national debt bigger than the next 7 economies combined. Next fiscal year US Treasury will be paying out more to service the debt than defense budget.
Have you ever seen any country or company or individual do well with crazy high debts? Debt works great until the interest payments become unaffordable.
> All US commerce to/from must remain in US dollars… <
I’m not a fan of even more laws. Anyway, I think if enacted your suggestion would be pretty easy to beat. Just set up a shell company between the US company and the BRICS company. Then even more laws would be needed to investigate the shell companies.
Oh, and what about retaliatory laws other nations might enact?
Kind of a mess.
You think you can ‘kill’ the idea that a fixed weight of gold has economic value and an ever inflating supply of paper notes will only decline in relative value?
Good luck.
I am all for gold backed money......
“Maybe cut off commerce with any company that uses it period. Kill this now.”
Don’t forget to open up a military invasion on five fronts.
We need to make the world safe for perverts!
;-)