BRICS Countries Just Ditched the U.S. Dollar.
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BRICS nations are moving away from the US dollar. Led by Russia and China, BRICS is expanding its influence and working on a new system; BRICS Pay… a way around the SWIFT network and a way around US sanctions. In this video we’ll discuss how global trade relies heavily on USD transactions, how this dominance grants immense leverage in international relations, and how that power is currently under threat.
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★ ★ CONTENTS ★ ★
0:00 BRICS is Ditching the Dollar
0:48 How the ‘Reserve Currency’ Works
5:18 US Sanctions on Russia
8:45 BRICS Sends the Gold Price Skyrocketing
10:20 How BRICS is Ditching the Dollar
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Brandon van der Kolk is authorised to provide general financial product advice in Australia and is an Authorised Representative (Number 1305795) of Guideway Financial Services Pty Ltd, AFSL Number 420367. Any advice is general & does not consider your financial situation, needs or objectives so consider whether it’s appropriate for you. Read Brandon’s Financial Services Guide available from https://guideway.com.au/NewMoney.pdf. Past performance is not a reliable indicator of future investment returns.
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#USDollar #BRICS
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