68
hb: twpykjmagp
(hexbear.net)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 25 Aug 2023
68 points (100.0% liked)
chapotraphouse
13509 readers
1462 users here now
Banned? DM Wmill to appeal.
No anti-nautilism posts. See: Eco-fascism Primer
Vaush posts go in the_dunk_tank
Dunk posts in general go in the_dunk_tank, not here
Don't post low-hanging fruit here after it gets removed from the_dunk_tank
founded 3 years ago
MODERATORS
The only way BRICS could kill the dollar, IMHO, is if they would create a currency to negociate oil but that currency could not have it's supply growth rate higher than USD or pegged in gold ..can't see USD losing it's power any time soon in the current scenario
As cringe and reactionary as Saudi Arabia is, they're the ones who have held up the whole petrodollar scheme on America's behalf, and they just joined BRICS. Which means they might be pivoting away from America, and weakening American dollar hegemony as a result.