I want to end the topic of BRIC currency! In fact, the BRIC currency is very important! This is the only way to break the "US dollar hegemony"! There are many details about the BRIC currency. I just share the important concepts with you: 1. The BRIC currency is not a unified currency in the world! The BRIC currency is the "gold settlement" for trade between countries around the world! And every country still has its own currency! 2. What are the benefits of gold settlement? Gold settlement can end the "exchange rate problem"! There is no "trade sanctions" problem with gold settlement! 3. If some countries have high tariffs, other trading countries can choose whether to do business with their countries! 4. There is no exchange settlement problem in gold settlement, so some countries cannot freeze profitable assets! The US dollar hegemony that has monopolized the world for 100 years should end! I lived in the United States and thought I was living in a colonial country! There are only colonial governments in the world that treat their people as second-class citizens! My mother said: Japan rules Taiwan, and Taiwanese people have no human rights at all and dare not say anything! The Japanese police can bully Taiwanese people at will, and the Japanese can appropriate Taiwanese property at will! Why do so many Taiwanese think Japanese rule was good? Is my mother’s family the lowest-ranking Taiwanese? I also suspect that I am the lowest American citizen!
Now Russia has linked the Ruble to gold! In fact, the concept is very simple! It means that each country liquidates its gold reserves, and the "BRICS" are: countries that agree to use "gold" for trade transactions! There are several conditions required to enter the BRICS countries: 1. Agree to use gold as the currency for trade transactions, which is the "BRICS currency"! 2. It is necessary to check whether the gold reserves of various countries are consistent! 3. The currencies of various countries must have an exchange rate consistent with the gold held by each country and be announced! Just like the current 8,000 tons of gold in the United States, 1 ounce of gold should be exchanged for $170,000 (this is the listed exchange rate)! If a country's gold reserves decrease, their currency will definitely depreciate. Just like: before 1972, 1 ounce of gold was worth $42, but now 1 ounce of gold is worth $170,000. Why? Because the United States issued too much US dollars, but the United States’ gold reserves did not increase! Now you may understand why the U.S. dollar continues to be issued, that is, the United States keeps printing U.S. dollars, but the exchange rate of the U.S. dollar does not fall! Because the US dollar has no anchor at all, the US dollar has the final say! We know from gold anchoring: the US dollar depreciated 5,000 times!!
The United States can control the world's economy, and the United States can make the world pay for the excessive issuance of U.S. dollars, because the U.S. dollar monopolizes the world's trading market! Let me give you an example: Why is Sri Lanka bankrupt? Because Sri Lanka has no money to buy oil! Why doesn’t Sri Lanka have money to buy oil? Because Sri Lanka must use "US dollars" to buy oil! The United States said: 1,000 tons of Sri Lankan tea can only be exchanged for 1 million U.S. dollars. Sri Lanka must agree because they need "US dollars" to buy oil! This is why the "US dollar" can control the prices of various commodities and control the economy of each country! If the whole world uses "gold trading", does the United States have the pricing power for the world's commodities? Of course not! I am a producer and I can sell at the price I want: I want to sell 1,000 tons of tea for 1 ton of gold. If no one buys it, of course I will lower the price! If I have 1 ton of gold, I can buy oil from the BRICS! This is the benefit of "BRIC Currency"! Everyone can price according to the value of their own products! The value of our products does not need to be "price controlled by US dollars"! If the United States insists on using US dollars to buy and sell goods, everyone can choose to sell to the United States, or not to sell to the United States! Because we must know: Holding US dollars in your hands is risky! There will be fewer and fewer countries trading in US dollars! There will be fewer and fewer “USD traded” products! Is "USD trading" really beneficial to me??
What do you generally sell in the United States? The United States sells "weapons", "high-tech products", "medical technology and instruments" (American medical technology is quite backward), food... and so on! Can BRICS countries buy the products sold in the BRICS countries? If all the products sold in the United States can be purchased in the BRICS countries, why should they trade with the United States? Why take the hot potato of "US dollars"? "Unlimited over-issuance of U.S. dollars" brings "unlimited hurt" to the American people! Do you know why inflation spreads all over the world? Because countries around the world that use U.S. dollars to trade must pay for inflation! This is why I keep emphasizing: BRIC currency! Countries trade in gold! You don’t have to pay for other countries’ inflation! If a country issues too much currency, the real impact will be on its own country, because excessive issuance of currency will inevitably lead to currency devaluation and inflation! If each country uses "gold transactions", inflation will not be reflected in "gold" at all! Joining the BRICS countries and using BRICS currency will definitely be the future trend of the world! More importantly: BRIC currency can cut and end to "corruption and crime"! There are many details, especially those small countries that must join the BRICS, which will definitely help they! The United States has always been doing one thing: punishing good and promoting evil! Why does the United States keep printing US dollars? What organization does the United States support by US dollars? The United States printing dollars does not build the United States. The United States prints dollars to support many "criminal and corrupt organizations"! If every country in the world uses "gold trading", the currencies of all countries in the world will have less impact on the world's economy! American peoples are really lacking in knowledge! American politicians only know how to "corrupt"! What American politicians care about is not the benefits of the American people. American politicians care about the profits of capitalist groups and themselves! If American politicians cared about the American people, the United States would not have a US$36 trillion U.S. debt today! If American politicians cared about the people, "guns and drugs" would not be rampant in the United States today! If American politicians cared about the people, the United States would not have even a decent infrastructure for 100 years! The United States will definitely block the "BRICS currency" because the United States simply does not want the US dollar to be anchored to gold! The United States can print as much money as they want now! The US government does not need to pay for the excessive issuance of currency at all! Who has to pay for the over-issuance of currency? Of course the American people and people around the world who use US dollars! The Federal Reserve can keep the U.S. dollar earning interest at high interest rates, and the Fed can also keep issuing new U.S. debt to pay off the interest on the old U.S. debt! The United States can keep playing like this until the U.S. debt exceeds 1,000 trillion US dollars! The assets of capitalists will expand indefinitely, and the American people and people around the world will always be poor. This is the ultimate goal of US dollar hegemony!!
