U.S. Reacts To BRICS De-Dollarization Agenda

The Feds Christopher Waller acknowledged that the BRICS de-dollarization campaign has grown bigger but has not affected the U.S. dollar. He explained that Americans need not worry as the U.S. dollar is still the world’s most traded currency for all transactions despite the de-dollarization threats.

This completely eases my concerns. We can trust whatever he says. We have nothing to worry about in regards to BRICS.

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5 thoughts on “U.S. Reacts To BRICS De-Dollarization Agenda

  1. Of course we don’t have anything to worry about being de-dollarized by BRICS.
    Hell, our own banking/government/ clown-world system has already “de-dollarized”, us about as much as they can get away with!
    I haven’t had a “payday” in 50 years. Only “exchange” days. Going right through my account directly into someone else’s. Taxed and fee’d at every stop along the way.
    Being de-dollarized ain’t nothing new around these parts. I sure as f–k ain’t worried about who’s doing it.

    There once was a couple, the wife lost her credit card. She told her husband, and he said no problem. I’ll cancel it out.
    Couple months goes by. Wife asks, didn’t you cancel that lost credit card? Were still getting bills for it.
    Husband reply’s, you know, I was going to. But whoever has it now was spending so much less than you were. I thought I would let them keep it.
    Ya, I ain’t to worried about BRICS.

  2. It’s not that the Dollar is strong and trustworthy. It’s just that all the other currencies of the world are just as deeply debased and untrustworthy as ours. Every country on the planet that has a fiat currency has screwed around with it as part of the effort of the elite to gain power and wealth. No exceptions.

  3. I would welcome a BRICS currency replacing the dollar. Short term pain since we would no longer be able to export inflation but in the long term, it is the only way I can see to make the Fed financially responsible. I agree with Dan that the dollar is currently the cleanest dirty shirt which is why BRICS can’t use any of their current currencies. I suggest a new currency based on a market basket of real stuff. Minerals, oil and gas, grains, coffee etc. And it needs to be redeemable for the products in the market basket. I doubt anyone would actually do that as it would be inconvenient but it is a fail safe device to keep everyone honest.

  4. Pingback: Quarterly Debt Interest Payments of $1 Trillion | The View From North Central Idaho

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