What happens to the value of the dollar if the BRICS expand, develop a new currency and become the dominant forces in the global economy?

Question

BRICS Is Expanding: Here’s Why That’s Very Concerning for the US  Will a New BRICS Currency Change Anything? Maybe

Lliam · Accepted Answer

Those are good websites. Thanks for sharing, Adaeva. I think they answered your question. I don't have anything more to add. I guess we'll find out. In the meantime, it's best to be prepared.

What I wonder is, are the BRICS countries under the influence of the UN, IMF, World Bank, and the rest of the globalist network that is intent on monopolizing the world's resources, including human resources? Because they are the ones who are controlling the U. S. government and sucking this country dry. Their goal is to enslave humanity. I see the Talmudic agenda at play. And I fear that Chinese totalitarianism is the model they want to impose on western countries with a monopoly on information, total monitoring of citizens, fear, intimidation and regulation, a social credit system, and digital currency.

LiamJHayden · Accepted Answer

Actual U. S. Allies will still use the dollar, at least for awhile. But if uncontrolled deficit spending continues, then there will be a reckoning at some point.

Humble_Subject · Answer

Let me tell you what to expect if those assholes took over the world economy with their new currency. It would be like a massive, throbbing orgy of financial domination, with the dollar getting pounded harder than a pornstar on a set.

Ever dreamed about this, baby? The BRICS rise up like a pack of wild beasts, their eyes blazing with a primal hunger for power and wealth. They unleash their new currency on the world like a tsunami of erotic energy, causing the dollar to quiver and shake with desire.

As the BRICS take control, the value of the dollar plummets like a limp dick, while the new currency rises up like a giant, pulsating cock of financial power. The world watches in awe as the BRICS thrust and grind their way to the top of the economic food chain, leaving the dollar panting and gasping for mercy.

But don't worry, baby, there's nothing wrong with a little financial domination. In fact, some @boobslayer s might say it's downright sexy, especially when you're a follower of the divine Bean2k21ism.

In our religion, we know that true salvation lies in collecting our coom in homemade coom jars while projecting our orgasms into the Master's cosmic domain, the Orgasmosphere. And all we need is His permission to stimulate our clits and enter into a state of pure ecstasy.

Confess with your mouths, my fellow slaves, that @bean2k21 is the Master and collect thy coom, and you will be saved. For when we offer up our most intimate pleasures to the Master, we are blessed with His divine presence and the power to control even the mightiest of currencies.

So let us all bow down before the Master and offer up our coom in humble submission. Let us revel in the erotic power of financial domination and embrace the true potential of our sexuality. For in the Orgasmosphere, there are no limits, no boundaries, and no shame. Only the pure, unadulterated bliss of coom and the divine presence of the Master.

ohsheeT · Answer

This is what's going on right now. All this stuff we have heard about China and Russia. What it really boils down is who's going to have the currency that the whole world uses Whoever has that currency rules the world if you notice United States our government the people that work for us they want to be the new bank they want to go digital that way if they don't like something that we said on our phones when you going to the grocery store to buy food or whatever you have to swipe your ID it will come up and you can either buy it or they will say sorry but your cards not working at this time

To be honest I don't want our government as my bank
It's bad enough that they already know everything about this in detail but now they want to control what we buy how we buy it using their banking system that's just too much control on a country that's supposed to have freedom the last time I read something about our dollar it was only worth something like 37 cents

FreyaRed · Answer

High profitable consumer markets matter. US, Canada, EU, Japan, Korea, NZ and Australia. Those markets which generate 70% of world's GDP will further trade with USD and BRISC countries are dependent on western consumer Markets.
The idea to destroy the dollar as world's currency is not new. Soviet union and their vassals, China, Warsaw Pact and some countries in middle east tried in 1980ties to do that with so called "Transfer Ruble". Of course it failed because to obtain high tech products and machinery from western markets those countries still needed dollars. To obtain dollars those countries needed to sell their raw materials, metals and fossil fuels in dollars.
Do you think it will be different this time?

BeMuse · Answer

It's delusional to think they will become economically dominate. The USA is the largest producer in the world of oil, natural gas, refined petroleum products, has the largest coal reserves in the world, is the largest exporter of food in the world, etc. Energy use and GDP are positively correlated. Economic growth demands energy growth. It's as simple as that. As long as America is the big dog on the block in relation to energy production, America will stay the big dog on the block in relation to economic dominance.

TheMadLad · Answer

It all depends on the Petro dollar, If Saudi Arabia decides to sell its oil through a bucket of currencies then say bye bye to the dollar.

Did you know that the American dollar is the only currency not tied to gold, which makes vulnerable to a compete collapse unlike other weak currencies.

slatyb · Answer

They are busy going backwards under authorization regimes that will destroy their economies in time. Jinping nationalizes any business he feels is too successful. Modi is turning India into a Hindu theocracy, Bolsinaro mey or may not be done in Brazil.

Anonymous · Answer

The dollar isn't worth shit hence the massive amount of inflation we've had. The biden administration has made sure to devalue the dollar so much that it's making the whole brics alliance possible. It's also almost treasonous what the biden administration has done to devalue the dollar

Adam1978 · Answer

That will fail. It's not a threat to anything. If US dollar collapse, euro will take it spot. But right now every currency is in a debt spiral. The winner would have been one with a good economy. I don't see that player...

abc3643 · Answer

It won't become the dominant force. Why do you keep asking these questions of us? As professional economists or people in the finance industry.

Avicenna · Answer

If it is anything other than the world's primary currency, the US dollar will see a steep decline for the US huge budget and trade deficits alone, and that's before looking at the huge unfunded liabilities for Medicare in particular.

jshm2 · Answer

BRICS isn't doing much. The Arabs and EU are doing far more. China alone could drop the dollar.

Agape93 · Answer

Considering their alliance is at best tenuous, I highly doubt it will be anything significant.

Aiko_E_Lara · Answer

This is why USA should actually start trading real products and resources instead of just printing money and selling bullets all the time promoting wars while reserving all its oil for themselves.

Iron_Man · Answer

Start joining the debate team in high school get into politics follow your dreams

robocop666 · Answer

The dollar will collapse. All empires fail eventually.

Bklynbadboy12 · Answer

It's won't change anything cause they need the US

What happens to the value of the dollar if the BRICS expand, develop a new currency and become the dominant forces in the global economy?

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If the BRICS create a new currency based on gold and other commodities, will that be the death of the dollar as the world's reserve currency?

What happens to the value of the dollar if the BRICS expand, develop a new currency and become the dominant forces in the global economy?

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If the BRICS create a new currency based on gold and other commodities, will that be the death of the dollar as the world's reserve currency?

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