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this post was submitted on 06 Jul 2025
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Does US executive branch thinks the absence of a BRICS currency will halt or slow the decline of the USD, or that the establishment of a common currency speedrun it? I'm guessing the horrific deficit is doing that on its own, and am looking for missed interest payments in the immediate future. Probably hyperinflation as well?
The US government fear the loss of a sanction weapon more than anything USD price related. If a BRICS currency happens, they can't freeze out their enemies from international trade.
Well Western Europe better wake up PDQ. I wonder if Britain are kicking themselves yet, for Brexit?