#bricsnewcurrency — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #bricsnewcurrency, aggregated by home.social.
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> The #BRICS plan to replace the #USdollar leverages the bloc’s control of 72% of #rareEarth metal reserves, which is significant. Rather than launching a traditional #fiat #currency from scratch, the #BRICSnewcurrency approach builds on resource dominance and a #goldstandard that’s backed by real assets. With 68% of trade already bypassing the #dollar and the #petroDollars experiencing its worst decline since 1973
https://watcher.guru/news/brics-just-unveiled-the-plan-to-replace-us-dollar-worldwide