Gold Over Dollars? BRICS’ Gold-for-Food Plan Could Displace US Economy!
We stand on the precipice of a significant shake-up in the global economy. Russia’s proposed gold-for-food pricing could cause the dollar’s long-standing dominance to be over.
In this video, we delve into a proposal by a BRICS member that aims to replace it with a new currency backed by gold. Uncover the nuances of this economic power play and the profound implications it may have for American global supremacy.
The U.S. dollar has reigned as the world’s reserve currency for decades, giving America tremendous economic leverage. But Russia’s move could potentially disrupt this status quo. By proposing gold as a currency standard, they aim to challenge the dollar’s grip on global markets.
This game-changing bid by Russia is no ordinary proposition. It seeks to establish a gold-backed currency that would provide stability and a more balanced international monetary system. This proposal has the potential to weaken the dollar’s influence and reshape the financial architecture as we know it.
The implications of this shift are far-reaching. American global supremacy could be at stake. The dominance of the dollar has permitted the U.S. to borrow easily on the international stage, fund its deficits, and exert control over global trade. But if this proposal gains traction, it could alter the dynamics of economic power.
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About David:
Dr. Oualaalou served a fifteen-year career in the United States Armed Forces in support of the US government’s security agencies in Washington DC and around the world. His primary roles include security policy, intelligence analysis, security operations advice including leadership and managerial operations. He advised high-profile U.S. military and civilian officials on security issues, economic trends, and foreign military threat information. He has written many articles and books including his latest, The Dynamics of Russia’s Geopolitics: Remaking the Global Order.
About Elizabeth:
Elizabeth graduated with a degree in Global Business. She visited corporations in China, India and South Korea among others. Elizabeth is a successful entrepreneur and business consultant. She has visited many countries on four continents including: Asia, North America, South America and Europe. She speaks different languages, her passion is exploring ancient cultures.
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