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MAJOR BRICS Update: The Plan is Working Per the IMF 

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In this Week’s News, Taylor Kenney explores the latest developments within the BRICS bloc, highlighting more Countries interested in joining the coalition. With the BRICS bloc growing, it poses as a significant threat to the U.S. dollar's dominance, a concern echoed by the IMF's latest data. With emerging markets increasingly trading outside the dollar and central banks hoarding gold, the landscape of global economic power is rapidly shifting. Stay tuned to learn how these changes could impact the future of the U.S. dollar and global trade.
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17 июн 2024

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Комментарии : 730   
@theicecavalier342
@theicecavalier342 Месяц назад
Unfortunately, 95%+ of Americans are more interested in what Taylor swift is doing, and what their next coffee is going to be flavored with. Sad thing is, we deserve everything we've allowed politicians to do.
@helenbrooks4787
@helenbrooks4787 Месяц назад
Not all of us, deserve this. Biden voters certainly do.
@kenlandon7803
@kenlandon7803 Месяц назад
Yep! I've said the same thing essentially. Who's going to win the ball game? Those people ....ugh!
@SylviaGillard-yq7gj
@SylviaGillard-yq7gj Месяц назад
Recent generations can rattle off the names of all the Kardashians but couldn't name 4 of the founding fathers.
@vineshnaidoo9402
@vineshnaidoo9402 Месяц назад
Remove all funds from the bank and buy silver and gold...it must be in your hands....silver and gold coins, silver bars, 10 ounce and 1kg silver bars
@lendus.adolla
@lendus.adolla Месяц назад
I am American and I like Oatmeal Latte. Not so keen on the Soy Latte's though.
@slurpie89
@slurpie89 Месяц назад
yes Im from Malaysia. Go BRICS. To hell with G7 and NATO.
@inginmenyerlah
@inginmenyerlah Месяц назад
Fuck america dollar!!!!
@nickl1177
@nickl1177 Месяц назад
Apa khabar? Dr Adelaide, Australia.
@gregtriplex5878
@gregtriplex5878 Месяц назад
Datuk Anwar terbaik memimpin Malaysia. selamat untuk Malaysia. salam dari Indonesia
@ashifabedin
@ashifabedin Месяц назад
love form Bangladesh brother ...time to Asia take center of the world
@bigonprivacy2708
@bigonprivacy2708 Месяц назад
This is all planned by the Rothschilds and not because the BRICS are so great. If it wasn't for the same global planners hadn't moved our production to slave labor countries since the 50s, this would NEVER be a thing. All planned folks. Don't go getting your heads too big on this. And don't worry, you'll STILL be slaves to the Rothschilds too. Enjoy the ride.
@danielgant2214
@danielgant2214 Месяц назад
When she said “the dollar will decline very quickly”, she means hyperinflation.
@Vista-gn1pb
@Vista-gn1pb Месяц назад
You got that right
@AhmedMushtaq-ux9wu
@AhmedMushtaq-ux9wu Месяц назад
Nothing will happen to dollar
@jimmynolet3752
@jimmynolet3752 Месяц назад
Did you not see the stealth chart she was showing it's not hyperinflation it's a devalueing of the dollar itself outside the scope of inflation.
@user-yo8ku7eq2x
@user-yo8ku7eq2x Месяц назад
@@jimmynolet3752 her chart is a lie. It is an outright misstatement of the facts. The US HAS NEVER had hyperinflation in its history. 50% or higher is the definition of hyperinflation. And the US has never devalued its currency. Be careful of people who are trying to sell you gold. That is what this person is. A gold salesperson.
@larrykenyon2528
@larrykenyon2528 Месяц назад
@@AhmedMushtaq-ux9wuLOl
@vanderleibraga4225
@vanderleibraga4225 Месяц назад
BRICS multipolar world!🇧🇷
@basook6116
@basook6116 Месяц назад
thanks to Trump/Biden who created multipolar worlds
@oskadavid2964
@oskadavid2964 Месяц назад
DITCH THE GENO SIDE DOLLAR
@louisemann3306
@louisemann3306 Месяц назад
US Treasury Secretary Yellen states that there's no legal issue in stealing Russian's money because “the assets generated income for the US institution.” This statement is so disturbing, justifying stealing as long as it benefited the US. Clearly it's in every country's interest to protect itself by moving away from the USD.
@patrolmanracv
@patrolmanracv Месяц назад
yes basically what it means is every US dollar in the world is only on loan to the countries that have US dollars they don't own them .and the US can stop their dollars use or take them back at anytime they see fit ..i suggest countries of the world protect themselves by joining BRICS immediately ..
@kkhalifah1019
@kkhalifah1019 Месяц назад
Literally the definition of the US rules-based world order - rules for thee, not for me.
@C-Culper4874
@C-Culper4874 Месяц назад
Sounds like interest earned in 401s is theirs too. They need the trillions in that mess. Bet they get a large portion of it.
@passby8070
@passby8070 Месяц назад
ITs a rules based order as long as it benefits US itself. As soon as it does not they simply don't follow, look at Iraq war, illegal and unilateral sanctions, ICC on Bush war crime, Baseless banning of Huawei and now DJI
@tonieplacide-oy4xx
@tonieplacide-oy4xx Месяц назад
Its simple dont invade ur neighbor country.
@michaelporter261
@michaelporter261 Месяц назад
Nicely spoken. Not rushed, clear dictation, no umm and ahh..ing. Well presented Taylor.
@hmhmhmpandaaa8575
@hmhmhmpandaaa8575 Месяц назад
APART FROM THE VOCAL FRY 🤣
@jsmythib
@jsmythib Месяц назад
A good host, and still green. She should do excellent.
@oskadavid2964
@oskadavid2964 Месяц назад
DITCH THE GENO SIDE DOLLAR
@filipebeat
@filipebeat Месяц назад
much!!
@savagelee6973
@savagelee6973 Месяц назад
The Dollar leaving the gold standard was the first death nail,after that I'd say fractional reserve banking was the final blow to topple the Dollar dominance.
@worldfabulouslasvegas2639
@worldfabulouslasvegas2639 Месяц назад
Still going strong after 50 years !
@uturniaphobic
@uturniaphobic Месяц назад
Everyone is also trying to avoid cray-man sanctions imposed by the US using the dollar access.
@shellwirtful
@shellwirtful Месяц назад
Weaponization of the dollar could have been the final blow…… Putin insinuated this in his interview with Tucker
@electronpictures
@electronpictures Месяц назад
it was actually the oil peg that just lapsed june 9th petrodollar. that was the gold standard subsidy.... game over man
@jcgoogle1808
@jcgoogle1808 Месяц назад
@@uturniaphobic You have no idea what you're talking about.
@simonschulz415
@simonschulz415 Месяц назад
It’s the best news in decades no more weaponised dollar bs. This is going to make a huge difference for so many South American and African countries at last a fair playing field for them all to grow there economies and make a better life for there citizens.
@paulachenkonobert3802
@paulachenkonobert3802 Месяц назад
lol... not even a little bit. Out of the frying pan and into the fire.
@jacksonprinter5792
@jacksonprinter5792 Месяц назад
China produces everything already. they are going to flood the market with low prices and get rid of all the local jobs
@davidjones8043
@davidjones8043 7 дней назад
Exactly, I’ve never seen so many fools excited for communism ​@@paulachenkonobert3802
@Melanated_1
@Melanated_1 Месяц назад
I wholeheartedly agree. “ A change is a comin”.
@rodgerlewis5395
@rodgerlewis5395 Месяц назад
There are59 countries who are ready to join the brics if brics accepts these countries soon then the west is in serious trouble and far as how I see things unfolding rapidly it’s not too far off we better all brace
@kevinberta8741
@kevinberta8741 Месяц назад
Yep and the world will feel it. Imagine when the USA can't afford to continue to give foreign aid out like a drunken sailor on shore leave!
@oskadavid2964
@oskadavid2964 Месяц назад
DITCH THE GENO SIDE DOLLAR
@1Know1tHurts
@1Know1tHurts Месяц назад
@@kevinberta8741 USA never helps anyone for free. Everyone pays in some way or the other.
@musicclassic5938
@musicclassic5938 22 дня назад
BRICS is destined to unite all nations of the global South and East. No UN will be needed.
@BrandyHeng007
@BrandyHeng007 Месяц назад
When the Dollars dies, the nation dies along with it.
@patrickg3872
@patrickg3872 Месяц назад
Already dead
@xman1533
@xman1533 Месяц назад
If they don't wake up
@BrandyHeng007
@BrandyHeng007 Месяц назад
No use trying to Saw Sawdusts
@basook6116
@basook6116 Месяц назад
USD don't die, but it will not be world reserve currency of the world, which was US Govt. self inflicted
@BrandyHeng007
@BrandyHeng007 Месяц назад
The loss of reserve currency status could lead to a depreciation of the Dollar, making imports more expensive and potentially leading to hyper-inflations leading to Great Depression 2.
@brothermohdhanif375
@brothermohdhanif375 Месяц назад
Bye bye US dollar. Bye bye
@OilTrading
@OilTrading Месяц назад
Dollar going up.....
@work9090
@work9090 Месяц назад
Wait 1000 years and say again :)))
@musicclassic5938
@musicclassic5938 22 дня назад
The dollar is useless paper not backed by gold, diamonds or mineral resources.
@OilTrading
@OilTrading 22 дня назад
@@musicclassic5938 I will happily take any dollars you deem as useless.....
@shashib6991
@shashib6991 Месяц назад
RIP petro dollar
@draterlarebil4506
@draterlarebil4506 Месяц назад
The world is sick and tired of the USA central banks nasty and evil ways . Slimey hymie corrupt nasty.
@freetheworld2671
@freetheworld2671 29 дней назад
Good riddance
@500grain9
@500grain9 Месяц назад
Good Job Taylor, you communicate at a level we need to hear.
@bikerchick-l4l
@bikerchick-l4l Месяц назад
i appreciate how well you explain what's going on Taylor!! you make it easier to understand for me.
@shah1668
@shah1668 Месяц назад
congratulation Malaysia. this location is a KEY for trading and business since ancient times. this is the most important trade route in the world at Malacca Straits, between China and India. this agreement will benefit everyone, including investors and businessman.
@srikanthmudiraj2984
@srikanthmudiraj2984 Месяц назад
This certainly sounds good too, but I think it's still worth considering more reliable options like the Unimantic platform with their MEV bot network.
@oskadavid2964
@oskadavid2964 Месяц назад
DITCH THE GENO SIDE DOLLAR
@paula.mcguinness6075
@paula.mcguinness6075 Месяц назад
I'm not a Kool-Aid drinker for the US currency. Way too much spending and no accountability. Let it burn, I'm open to other options thtare not Woke or liberal.
@user-hg7hc4oy9c
@user-hg7hc4oy9c Месяц назад
Taylor is Smokin hot!!!!
@brokencountry283
@brokencountry283 Месяц назад
I like your clarity. Well done.
@markwalker2307
@markwalker2307 Месяц назад
Thank you Taylor I am a great admirer of your work. You hit all the bull's eyes in this report.
@sebastiaanthijn7982
@sebastiaanthijn7982 Месяц назад
The problem is that people don't have the knowledge needed to succeed in a challenging market. Only highly qualified professionals who had to experience the 2008 financial crisis could hope to earn a high salary in these challenging condition
@V.stones
@V.stones Месяц назад
Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.
@V.stones
@V.stones Месяц назад
Market conditions can change rapidly, impacting the performance of different asset classes.
@AliciaCrone
@AliciaCrone Месяц назад
don't forget about growth potential. You'll want to balance safety with opportunities for higher returns, maybe through a mix of stocks and real estate.
@christopherherbert2407
@christopherherbert2407 Месяц назад
Given the uncertainties, it might be wise to allocate a portion to safer options like bonds or fixed income securities.
@rodgertim2881
@rodgertim2881 Месяц назад
Consulting with a financial advisor can provide personalized insights and help align your investment strategy with your retirement goals.
@user-wz7fo7bt2o
@user-wz7fo7bt2o Месяц назад
Taylor Once again a terrific podcast. Thanks
@maxdc988
@maxdc988 Месяц назад
BRICS can be described as an anti-Western-bullying alliance. Everyone of them said, "enough is enough" and "it's now or never". 😂😂😂😂😂
@AsitdyaDsr
@AsitdyaDsr 13 дней назад
BRICS is not west but NOT against west. It’s self interests of developing nations to uplift their populations by helping each other and getting rid of hegemonic economic systems.
@davidjones8043
@davidjones8043 7 дней назад
That’s funny when china is going to be in charge 😂
@turningjapanese6032
@turningjapanese6032 Месяц назад
I have my popcorn ready for the show
@larrydewein
@larrydewein Месяц назад
So you think it's all fun and games? Like when Noah built the Ark and like Lot in Sodom and Gomorrah! Like Hiroshima and Nagasaki?
@turningjapanese6032
@turningjapanese6032 Месяц назад
@@larrydewein Dude I made my peace with God
@YHui-xj7zb
@YHui-xj7zb Месяц назад
@@larrydeweinThe Holy Spirit asked me to go out from the sodo mite Paris 6 years ago, and to sell everything and to buy gold. God gave us enough of time to repent, prepare and eventually help the other people. But the world just takes the evil path, deeper and deeper. See Paris, the first to go, this summer.
@loganpadayachee6048
@loganpadayachee6048 19 дней назад
Lol😂
@MichaelHull-rq9fe
@MichaelHull-rq9fe Месяц назад
Excellent video ❤❤❤
@HA-rp9dz
@HA-rp9dz Месяц назад
I think this is GREAT! The fed note has been a noose around the neck of the Republic for 100 yrs! We MUST go back to a gold/silver backed currency… The Austrian Economics is the best monetary theory, period!
@Hal-uq5qv
@Hal-uq5qv Месяц назад
I highly doubt the current US politicians/gov.will go back to gold.backed.currency. Those people want.power. They thrive.on it.especially the democrats. Everything they do is based on having people rely.on them for sustenance. And will seek whatever means necessary to.keep.hold.of.it. I.say their.next.move.is.digital.currency because it will keep everyone chained by the balls.
@charlesparker4481
@charlesparker4481 Месяц назад
If Malaysia joins BRICS and Indonesia joins, it will put pressure on Singapore. US knows this could kill trade routes for America.
@calvinang1
@calvinang1 Месяц назад
It’s no longer a question of “if” and more like “when”. FYI Malaysia is currently undertaking a 50billion project which connects Eastern to Western Peninsula Malaysia via rail to increase logistical capacity from East Asia to West which is already 60% completed. Malaysia is also in talks with Thailand to connect their respective railway to connect thru puts from Southern China to both respective countries.
@toreditahrin3717
@toreditahrin3717 Месяц назад
Indonesia now joint OECD, a western economic block. They are not interested on BRICS eventhough Russia did invited them. But as a Malaysian, good luck to Indonesia
@athlonrulez
@athlonrulez Месяц назад
Singapork needs to ask US permission even to wipe its own ass
@ridzuanali1919
@ridzuanali1919 Месяц назад
Thank you, Taylor. Stay safe. Stay blessed.
@tgoatley
@tgoatley Месяц назад
Taylor the “Truth Teller”.
@Retiredjournalist88
@Retiredjournalist88 Месяц назад
Taylor...thanks...you're the best ! Your new #1 Fan.. 😊
@BlueWaterSTAX
@BlueWaterSTAX Месяц назад
Well done Taylor. Thanks ITM
@johnsichounidis7881
@johnsichounidis7881 Месяц назад
Eventually all nations will join
@superstar5123
@superstar5123 Месяц назад
thank you ms kenney for informing us free of charge
@RetSol61
@RetSol61 Месяц назад
You have come a long way from Chapman U. This is way more important than acting. Keep up the great work. Your work impacts so many of us!!!
@sianu9013
@sianu9013 29 дней назад
Yes Malaysia. Go also to BRICS league, we are relegated currency nation under US Dollar league dropping our currency rate from 1:2.5 in 1990 to 1:4.7 in 2024 like sanctioning our country economy.
@davenoi9609
@davenoi9609 Месяц назад
Bricks countries has a massed tons and tons of Gold. The Chinese Digital RNB is now preferred by Zimbabwe to sell minerals to China and buy goods from them!
@daymay1066
@daymay1066 Месяц назад
Perodollar agreement has officially expired and is not renewed by Saudi Arabia. Expiry date = June 9th, 2024.
@athlonrulez
@athlonrulez Месяц назад
I bet CIA is arranging something to prevent that from happening..just like they did to King Faisal last time
@andyhadjivasiliou
@andyhadjivasiliou Месяц назад
Though nothing I didn’t know I enjoyed the way you described the whole issue and the plain understandable language you have used. Keep up the good work 😊
@slowridefpv9668
@slowridefpv9668 Месяц назад
3 W’s, weak woke west, doing it to ourselves.
@deanpaterson3219
@deanpaterson3219 Месяц назад
Outstanding content.
@mrjj1f
@mrjj1f Месяц назад
Great job! I understood everything you said. 🙂
@jbogy1
@jbogy1 Месяц назад
Thank you
@NavM23
@NavM23 Месяц назад
Mainstream media asleep on the sofa
@thebrainwashedbeliever1inislam
@thebrainwashedbeliever1inislam 28 дней назад
They're only Good in spreading propaganda and superiority
@nicolagauthier
@nicolagauthier Месяц назад
Thank you Taylor
@trends2morrow107
@trends2morrow107 День назад
BRICs need to manage it efficiently..any mismanagement or corruption will destroy it...
@HarryStGLevy
@HarryStGLevy Месяц назад
A VERY VERY REALISTIC ANALYSIS OF ECONOMIC FACTS.
@YHui-xj7zb
@YHui-xj7zb Месяц назад
Nice talk! Thank you!
@achmadyazir1039
@achmadyazir1039 Месяц назад
I'm going to start collecting US Dollar bills... Who knows in a few years they'll be collector items...😊
@TimDawg-ot8jx
@TimDawg-ot8jx Месяц назад
CANADA SERIOUSLY LOOKING AT BRICS, KNOWING THE USD IS GROSSLY OVER INFLATED AND DEBT IS UNSERVICABLE
@P1SK3T
@P1SK3T Месяц назад
Great work. 🎉
@Jeff-ge4kc
@Jeff-ge4kc Месяц назад
Awesome sauce
@saabajoe
@saabajoe Месяц назад
Excellent! Now explain how this hyperinflation you just foretold can be/will be used to usher in cbdc.
@briankerr4512
@briankerr4512 Месяц назад
Ted Speaks says 200 countries have already joined Brics just in secret for now
@tomhebbe3718
@tomhebbe3718 Месяц назад
FYI there are only a total of 195 countries worldwide …
@athlonrulez
@athlonrulez Месяц назад
@@tomhebbe3718 couldn't stop one from inventing imaginary ones 🤣
@harold18659
@harold18659 Месяц назад
US selling its debt(exporting inflation) as bonds which the rest of the world buys is stalling even when interest rates are high. The US is also not decreasing but increasing spending by borrowing(more debt). Within 2 years the western financial world system could be history. The personal money you have right now in banks could be frozen as it has already been done to many countries,
@mmeccorp
@mmeccorp Месяц назад
Thx u hit the nail on the head 👏👏👏
@TexasRiverRat31254
@TexasRiverRat31254 Месяц назад
Than you Taylor!
@Nureden
@Nureden 9 дней назад
BRCS became stronger 💪 economic politics even more Africa countries join this group 👏 👍
@jamesporter5419
@jamesporter5419 Месяц назад
Well done Taylor - very interesting
@electronpictures
@electronpictures Месяц назад
good update, thanks. word on the movements to make bullion non-taxable as constitutional money would be cool. some news out there
@majorpayne8373
@majorpayne8373 Месяц назад
We will all have to duck when the shit hits the fan.
@jeffcauhape6880
@jeffcauhape6880 Месяц назад
The Petro Dollar is dead.
@ambconstrucao3770
@ambconstrucao3770 Месяц назад
Brave nations deciding to lead their own destiny!
@tomdonovan4842
@tomdonovan4842 Месяц назад
Well, done
@anuaribrahim3672
@anuaribrahim3672 Месяц назад
GREAT NEWS!
@stuartstringer2563
@stuartstringer2563 Месяц назад
BRICS "UNITY" PREVAILS
@jenwarrior2647
@jenwarrior2647 Месяц назад
Is there anyone on here from the countries where this has gone into effect yet and have thoughts on it? How does this affect current debt?
@RohitPawar-fo2jn
@RohitPawar-fo2jn Месяц назад
Cool video! I'd like to add that there are other investment options in platforms with MEV bot networks like Unimantic.
@lizhongxu4042
@lizhongxu4042 Месяц назад
it is nice to have more choices, and the competition benefits every one and a more stable world
@loganpadayachee6048
@loganpadayachee6048 19 дней назад
Makes sense thank you for sharing ❤
@ShamshadAyub
@ShamshadAyub 27 дней назад
Good analysis
@abelgonzales6405
@abelgonzales6405 Месяц назад
True show !
@bphelan6920
@bphelan6920 Месяц назад
I love your way of reporting
@prabhuk9560
@prabhuk9560 Месяц назад
Rest of the world is impatient. 5 to 7 years that is the best you can expect for the USD
@ronbo30
@ronbo30 Месяц назад
Many countries want to join, not just Thailand, the dollar crash is still years away maybe 2028-2030.
@xman1533
@xman1533 Месяц назад
I predict that time also
@raulsanches3619
@raulsanches3619 Месяц назад
gold cant be printed
@user-lb8bg6kj9m
@user-lb8bg6kj9m Месяц назад
Too many countries are joining the block and all have differing interests. Hard to see how it will hold together unless they halt membership.
@Mr.absalom
@Mr.absalom 2 дня назад
I have a question, when you says "save yourself" what is it exactly thst we need to save ourselves from? I genuinely dont understand, please help
@bubbalou2059
@bubbalou2059 Месяц назад
Excellent
@itmtrading
@itmtrading Месяц назад
Thank you! Cheers!
@paulyoung7561
@paulyoung7561 Месяц назад
Most countries hold their gold in London, NY etc so technically I guess it can also be seized too if these people get super power hungry.
@MusehanaH
@MusehanaH Месяц назад
India just repatriated about 100 tonnes of their gold from London, like a few days ago...a few countries have been doing that...moving their gold back home
@paulyoung7561
@paulyoung7561 Месяц назад
@@MusehanaH definitely makes sense to do that before the gold gets "lost"
@worldfabulouslasvegas2639
@worldfabulouslasvegas2639 Месяц назад
IMF is the movie of tom cruise. Mission impossible
@sandisithebe673
@sandisithebe673 Месяц назад
😂 I just realized a mission that's becoming more improbable by the day is the US paying off its debts.
@mrpj1390
@mrpj1390 25 дней назад
International Monetary Fund.
@franklucas2340
@franklucas2340 Месяц назад
Your great Taylor 😀 Can I just cut out some paper coins with my name on them & persuade everyone that's the next ruling currency?
@andreavandekleut6379
@andreavandekleut6379 Месяц назад
IS there any recording or confirmation about the petrodollar contract NOT being renewed? i know, we all think we know , but officially no one has ever spoken out about it? do you know?
@ronaldphoong
@ronaldphoong Месяц назад
If a civil war does happens in the US. What would be the scenario having gold and silver.
@th8070
@th8070 Месяц назад
I would love for you to do a special segment for the Canadian Dollar, on Canada Day (July 1). Listen to you all the time, but curious what it means for us in Canada.
@archstone4622
@archstone4622 Месяц назад
American's invitation to the BRICS must have gotten lost in the email. Check the spam folder!
@athlonrulez
@athlonrulez Месяц назад
hahahahaha
@jacktran4687
@jacktran4687 Месяц назад
Beautiful eyes!
@sgsjosh2000
@sgsjosh2000 Месяц назад
Cmon concentrate.
@oskadavid2964
@oskadavid2964 Месяц назад
DITCH THE GENO SIDE DOLLAR
@jimmylim8369
@jimmylim8369 Месяц назад
Wondering why the Japanese are there in the G7? Looks like a piece of shusi in a cup of coffee 😮
@athlonrulez
@athlonrulez Месяц назад
US got Japan by the balls since end of WW2..not gonna change very soon
@azizdridah9467
@azizdridah9467 Месяц назад
Very well presented. Injustice has a self-destruct button engaged as soon as it starts. Think the universe has no owner?
@angahsyber68
@angahsyber68 Месяц назад
Soon Malaysia will joining BRICS!
@surfsunsand
@surfsunsand Месяц назад
one world currency. The only thing missing is the global king.
@gamingguy8595
@gamingguy8595 Месяц назад
Could be cbdc.
@mrpj1390
@mrpj1390 25 дней назад
He'll show up in time.......
@ulbiomanzano7395
@ulbiomanzano7395 24 дня назад
Can someone send this video to the policymakers?
@clarkridlen1966
@clarkridlen1966 Месяц назад
It will take great minds at work and radical change to fix this. Depression may be imminent. Unfortunately there aren't many great minds in power.
@markcarlart2626
@markcarlart2626 Месяц назад
If Thailand was accepted, think of all the ex-pats and what that would for the cost of living.
@Brimwald
@Brimwald Месяц назад
There is a crypto called Pax Gold that shows how a gold model would work that is as efficient as fiat but backed by actual gold. While you cant turn in your PAXG for physical gold you can swap it for stablecoins or other cryptos at the market rate of gold. If you want to buy physical gold you swap for fiat then buy physical gold. PAX Gold however keeps gold with gold storage companies and is also insured, this is what backs the crypto tokens. It can be transferred quickly digitally. If holding your money in gold instead of dollars it would be worth far more
@SHAHSAHEB-ft5kd
@SHAHSAHEB-ft5kd 24 дня назад
Linking now ? Why it wasn't done before ? What is the startegy ? HIJACKING BRICS ?
@sibenec2758
@sibenec2758 16 дней назад
Everything has a beginning and an end. It's time the dollar dominance. GOD BLESS BRICS
@duprog
@duprog Месяц назад
Where is the update ? This is old news for anyone following international developments. On the dollar situation, what we should say is that it is going to KEEP on declining. The rate could be somewhat more but it is not news to say that it will decline when it has done so for as long as I could remember. The best reference to look at is the British pound to get an idea of what the dollar is going to do in the next decades. The relation between those two currencies is somewhat the same as what we see now. As the dollar was going up, the pound was declining in importance but did not stop being used in international trade. The same is true for the dollar now in relation to the BRICS currency system. The decline is going to be faster due in part to modern communications but it will not eliminate the need for dollars in the next few decades.
@oIBBEo
@oIBBEo Месяц назад
I wholeheartedly welcome it sooner rather than later. INSHA'ALLAH!
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