BRICS nations announce plan for joint currency

i24 News English ^ | 4/5/2023 | Israel Business

[Pol-92064]

Prof. John Quelch discusses the BRICS nations announcing their own currency, in a bid to break away from the US dollar.

[Pol-92064]

This is the new economic deal that eliminates the US dollar in international trade. This will effect our economy by raising interest rates and causing massive inflation.

[caww]

There’s nobody standing in their way thus far.

[No name given]

Just one step closer to the mark of the beast and the antichrist.

[gibsonguy]

Thanks Joe you treasonous bastard

[Fai Mao]

Look to Washington for that mark.

It will come under a Rainbow flag and is waving a Koran

[Red Badger]

[MMusson]

Reality Check - when the US Dollar is dropped as the Global Reserve Currency - there will quit being a Global Reserve Currency.

That will wreck havoc on Global Trade.

[usconservative]

Make no mistake about it: America is under attack in every way possible except physical warfare, because we have a corrupt son of a b**ch in the White House who's weak A.F. in protecting the country.

That's why all this stuff is happening.

When America is weak, evil runs amok. And boy, is it running amok!

[teeman8r]

what makes the dollar strong is everyone wants to live in america... where they can spend their dollars...

china, india, russia, not so much...

[dfwgator]

what makes the dollar strong is everyone wants to live in america.

Amerika ist Wunderbar!

[JonPreston]

Can’t blame them.

[Mr. Jeeves]

Just one step closer to the mark of the beast and the antichrist.

Might actually be a step away from it, as it will weaken the power of the inevitable US CBDC.

[teeman8r]

ya, ya, wienerschnitzel.

brics gonna crater like nobody’s bidness.

[srmanuel]

Not among countries that agree on a common currency or a currency back by commodities like gold or oil, the BRICS are a prime example of what can happen, the US Dollar will stone a major currency but it won’t be dominant and we won’t be able to use it as a political weapon to impose sanctions on anyone

[Brian Griffin]

I don’t see it panning out.

They can pay in rubles or yuan based on ruble/dollar and yuan/dollar conversion rates already.

[BenLurkin]

[Chgogal]

Biden et al. need to be impeached yesterday.

[Halls]

For sure! We are very close.

[kiryandil]

Where are all the zElenskyy fanbois on this thread?      

[Sirius Lee]

I've been informed by all the super smart people that America can debase forever and the federal treasury note will never lose status against other currencies, just like how the currencies of all other late stage empires in history are still in use today.

Actually the double denarius still had 5% silver in it so even it would be worth more than an American dollar is now.