The Coming End Of US Dollar -

The Coming End Of US Dollar

BRICS + SWIFT Alternative Payment System Will Change Everything

What Was the Bretton Woods Agreement and System?

Under the Bretton Woods System, gold was the basis for the U.S. dollar and other currencies were pegged to the U.S. dollar’s value. The Bretton Woods System effectively came to an end in the early 1970s when President Richard M. Nixon announced that the U.S. would no longer exchange gold for U.S. currency.1

KEY TAKEAWAYS

The Bretton Woods Agreement and System created a collective international currency exchange regime that lasted from the mid-1940s to the early 1970s.
The Bretton Woods System required a currency peg to the U.S. dollar which was in turn pegged to the price of gold.
The Bretton Woods System collapsed in the 1970s but created a lasting influence on international currency exchange and trade through its development of the IMF and World Bank.
Credit: Investopedia.com

This caused the other countries around the world to share in the Fiat Dollar Inflation (not in their best interest) because they were tied to the US Dollar as a result of the Bretton Woods Agreement.

The new BRICS + SWIFT Alternative Payment System will allow all countries joined together in BRICS to throw off the yoke of the USA. The result will be the elimination of the Fed’s ability to dump it’s massive manufactured inflation off to other countries around the world.

China, Brazil Strike Deal To Ditch Dollar For Trade

FP – Agence France Presse March 29, 2023

China and Brazil have reached a deal to trade in their own currencies, ditching the US dollar as an intermediary, the Brazilian government said Wednesday, Beijing’s latest salvo against the almighty greenback.

The deal will enable China, the top rival to US economic hegemony, and Brazil, the biggest economy in Latin America, to conduct their massive trade and financial transactions directly, exchanging yuan for reais and vice versa instead of going through the dollar.

Credit: Barrons.com

What will be the result of these countries DeCoupling from the US Dollar?

>>> THE PROBABLE CRASH OF THE US DOLLAR !!! <<<

This world map shows the countries that have currently joined the BRICS monetary system. Give it another year and it will be mostly red.

The video below “BRICS+ Welcomes SWIFT Alternative Payment System Scheduled To Change Global Landscape” gives you a concise 9 minute explanation of what’s playing out and what is probably going to come.

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BRICS+ Welcomes SWIFT Alternative Payment System Scheduled To Change Global Landscape

Exploratics

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FULL VIDEO TRANSCRIPT

BRICS+ SWIFT Alternative Payment System Scheduled to Change global landscape. Is the hegemony of the US dollar about to end as the BRICS SWIFT Alternative comes to play? It was designated as #R5 because all BRICS currencies begin with the letter R: Chinese RMB Yuan, Russian Ruble, Indian Rupee, Brazilian Real, and South African Rand. The US dollar’s doomsday clock is ticking. R5, beginning of the balance in the economic world order. In order to conduct financial transactions, BRICS members must use intermediary banks with American roots and SWIFT. According to countries like China, Russia, Iran, and Turkey, this allows countries targeted by the most recent U.S. foreign policy to be cut off from international trade. As a result, BRICS members are rushing to have a functional SWIFT alternative. One of the biggest dangers to the dollar is the BRICS countries’ dedollarization. Developing all the necessary infrastructure will help de-dollarize the global economy. Some Communist Party members call for resistance to the dollar’s hegemony. Yet, with a new plan that we shall detail today, Russia and the BRICS group are set to collapse the American monetary monopoly. Russia and the BRICS will be able to pay for its imports using its national currency, the Ruble and SWIFT alternative system, rather than the US dollar thanks to this international payment system. With the new arrangement, other countries will be able to import goods from China and Russia and pay for them using their own national currencies. Putin claims that Russia, china and the BRICS are prepared to replace SWIFT within the BRICS. Is the hegemony of the US dollar about to end? Exploring interesting business, economic and geopolitical trends related to world affairs, science, technology, engineering, state of the art reinventions of mobility and the transition to a zero-carbon future impacting our lives, civilization and development.

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