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A Proposed BRICS Expansion Poses A Major Threat To The US

Derek Wolfe

Updated: November 14, 2022

brics expansion
Editor’s Note:

EDITOR'S NOTE: As Americans, we’ve enjoyed certain benefits that directly or indirectly come from the fact that our domestic currency, the US dollar, happens to be the world’s reserve currency. It’s been that way since the end of WWII. But this uni-polarity of global power is shifting. It’s not only the US whose proverbial sneeze will cause the world to catch a cold. The biggest of central bank “cartels,” if we can call it that, is the China-Russia-led BRICS faction. With a competitive reserve currency of its own, BRICS expansion aims to absorb half of the global economy. If you understand the mechanisms behind the BRICS establishment, you may discover how gold will play an active role in destabilizing the dollar while establishing a position of global monetary dominance for China, Russia, and its BRICS allies.

Originally published on Twitter.

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