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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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51279224 No.51279224 [Reply] [Original]

If the BRICKS nations create a new currency,
and this currency becomes the new world reserve currency,
causing the US dollar to come flooding back home in mass,
just how bad will inflation be for the US dollar?

>> No.51279267

You sir are a fool and a moron

>> No.51279324
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51279324

>>51279267
based tributary economics chad with keen understanding of #1 American export: security.
>>51279224
LIfe on earth will end if anybody attempts to price natural resources in anything but US Dollars.
If you attempt to start a commodities exchange outside the USA, priced in any currency other than USD, your country will be an enemy of the United States of America, and millions or billions will die.

>> No.51279345

>>51279267
Brazil - worse currency than dollar
China - more reliant on imports, less resources, and weak currency with low foreign investment demand and a massive housing bubble.
India - sub par growth for a very long time and unable to turn the corner
South Africa - yeah
Russia - massive corruption, not investable, just good for resources which they also mismanage anyway. Resource curse

An alliance between them all like the euro would be a massive disaster. Try again

>> No.51279383

Bunch of jew shills in here. BRICS are literally doing this as we speak. Look at all the different agreements they are signing with one-another. Do you think these countries are buying gold hand over fist just for the fuck of it?

>> No.51279397
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51279397

>>51279267
meh,
we may witness the death of US fiat within our lifetimes.
No fiat currency last forever.

>> No.51279508
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51279508

>>51279324
>your country will be an enemy of the United States of America
America burns the candle at both ends.
We want to be the reserve currency but we also block nations we don't like from using our currency via sanctions.
Every fiat currency is bullshit and will eventually go bust.
Our armed forces weren't able to defeat the Taliban.

>> No.51279569

>>51279508
The United States is more than capable of completely destroying certain countries and abandon white knight notions.
Nuclear weapons can be used again, and it is probable given how the Republic is going.

>> No.51279636
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51279636

>>51279569
"They wanted gold in exchange for their oil so we nuked them."
Assuming nukes are real of course.

>> No.51279652
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51279652

>>51279224
If we are lucky, the Bourgeois Republic will collapse and give rise to the American Proletocracy.

>> No.51279665

>>51279324
lol lmao even suck a big fat jew cock it's already happening before your eyes

>> No.51279684

Just how boring is the graveyard shift there in the Kremlin?

>> No.51280582
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51280582

>>51279665
North America will be the literal ark.