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Brazil and Argentina will soon announce preparations to create a common currency
news360 via msn ^ | 1/22/23 | Story by Daniel Stewart

Posted on 01/22/2023 6:31:59 AM PST by RomanSoldier19

he governments of Brazil and Argentina will announce next week preparations to launch a common currency project that could turn the two countries, South America's two largest economies, into the world's second largest currency bloc.

The initial intention is that this new currency -- whose name, Brazil proposes, will be "the South" -- will boost regional trade and reduce the impact of the dollar. In principle, both countries envisage a period of simultaneous trade with the Brazilian real and the Argentine peso.

"We will announce the decision to start studying the necessary parameters for a common currency, which includes everything from fiscal issues to the size of the economy and the role of central banks," Argentina's Economy Minister Sergio Massa has announced to the Financial Times.

(Excerpt) Read more at msn.com ...


TOPICS: News/Current Events
KEYWORDS: currency; fiat
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To: C210N

I agree, but you are falling into their snare by seeing their solution as a solution.


61 posted on 01/22/2023 8:48:46 AM PST by 9YearLurker
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To: RomanSoldier19

Lulu trying to rescue his Peronist/Leftist comrades in Argentina, from their decades of national financial mismanagement.


62 posted on 01/22/2023 8:48:53 AM PST by Wuli
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To: Bob Ireland; Redcitizen

[’Redcitizen’ is ...? A FReeper?]

Yes!


63 posted on 01/22/2023 8:51:16 AM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did wha, they drank, they bought, they sold ......)
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https://freerepublic.com/focus/f-news/4122955/posts


64 posted on 01/22/2023 8:52:15 AM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did wha, they drank, they bought, they sold ......)
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To: Bob Ireland

I should have taken advantage of the time I was off to write. Well, I’ve got some down time now, unfortunately.


65 posted on 01/22/2023 8:53:24 AM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did wha, they drank, they bought, they sold ......)
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To: SaveFerris

...and ‘daniel1212’ is also an individual? I think that I missed that also. You must have a Christian cabal stashed around here somewheres. 🤔


66 posted on 01/22/2023 8:59:15 AM PST by Bob Ireland (The Democrap Party is the enemy of freedom.They use all the seductions and deceits of the Bolshevics)
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To: Bob Ireland; daniel1212

Yes he has great pics and text from a follow-up movie

From the 1970’s and it basically seems spot-on even today


67 posted on 01/22/2023 9:00:57 AM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did wha, they drank, they bought, they sold ......)
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To: SaveFerris
***I’ve got some down time now, unfortunately***

Oh oh! Should I ask?

68 posted on 01/22/2023 9:03:06 AM PST by Bob Ireland (The Democrap Party is the enemy of freedom.They use all the seductions and deceits of the Bolshevics)
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To: RomanSoldier19

Yes, a common currency that will STILL be converted to dollars in order to trade internationally.

But, then again, the writing is on the wall since Biden used the dollar as a weapon. It might take time, but the dollar’s days are numbered as the reserve currency. England never thought their day would end with the pound sterling either.

My SO was in London for a few months and saw the carnage in the economy. Be prepared for your family’s future.


69 posted on 01/22/2023 9:08:31 AM PST by OpusatFR
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To: RomanSoldier19

“Brazil is the country of the future, and always will be.” - Charles DeGaulle


70 posted on 01/22/2023 9:09:20 AM PST by dfwgator (Endut! Hoch Hech!)
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To: butlerweave

Why did Brazil decide Argentina was the country to partner with? Argentina has been known for bad inflation for decades.


71 posted on 01/22/2023 9:10:29 AM PST by packagingguy
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To: 9YearLurker

Ummm... how is the DSC’s solution involve any normal person owning things like PMs?

Their solution is probably non-PM-backed CBDCs.


72 posted on 01/22/2023 9:12:38 AM PST by C210N (Everything will be okay in the end. If it’s not okay, it’s not the end.)
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To: ArtDodger

A gold dinar for the entire continent.

And Saddam had just announced he would only sell oil for euros.

You might like this

https://www.thepostil.com/conflict-in-ukraine-genesis/


73 posted on 01/22/2023 9:27:23 AM PST by MarMema (Biden = Americans Last)
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To: canuck_conservative

People already do apparently. At least more than they trust us.


74 posted on 01/22/2023 9:28:39 AM PST by MarMema (Biden = Americans Last)
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To: C210N

I’m not advocating the Dollar Shave Club’s solution for anything.


75 posted on 01/22/2023 9:29:25 AM PST by 9YearLurker
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To: MarMema

Remember The “Amero”?

https://en.wikipedia.org/wiki/North_American_monetary_union


76 posted on 01/22/2023 9:30:50 AM PST by dfwgator (Endut! Hoch Hech!)
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To: SaveFerris

Thanks for those reminders. Ugh. It’s good to remember how he handed us over.


77 posted on 01/22/2023 9:33:35 AM PST by MarMema (Biden = Americans Last)
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To: delta7

When Saudi stated they now accept Yuan and Rubles for oil, the domino’s began to start falling.

Yep. That is technically the end of the petrodollar, used to prop the dollar up after we dumped the gold standard.

We are now witnessing a switch to commodities based currencies.

Can you explain this in greater detail for me?


78 posted on 01/22/2023 9:36:28 AM PST by MarMema (Biden = Americans Last)
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To: dfwgator

Hillary wanted us to all three join and become one country.


79 posted on 01/22/2023 9:43:38 AM PST by MarMema (Biden = Americans Last)
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To: MarMema

So did Bush.


80 posted on 01/22/2023 9:44:01 AM PST by dfwgator (Endut! Hoch Hech!)
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