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To: jimwatx
BRICs nations offering competition to the dollarRussian ruble?
87 posted on 07/26/2025 9:42:39 AM PDT by MinorityRepublican
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To: MinorityRepublican

The BRICs currency will eventually be backed by gold and other commodities. Russia has a huge amount of oil, gas and strategic metals to back the ruble. The US dollar is backed by the faith and credit of the US government but with $37 trillion in debt that is increasing by leaps and bounds every year you’d have to be a fool to trust it.


90 posted on 07/26/2025 9:57:32 AM PDT by jimwatx
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