He's grown the US economy from the middle-out. He knows who he works for.

So the BRICS nations aren't going to create their own currency like the EU did. Each country will keep their currency for everyday transactions by consumers. However, their commodity purchases will all be done in a single digital currency.

This digital currency will be pegged to the weight of gold. They're not trying to replace the dollar, at least not yet, they're trying to piggyback on it and let the dollar do all the work.

Because these nations will no longer be purchasing U.S. bonds or treasuries, it will fall on the large banks and Federal Reserve to buy them. This will explode the Feds balance sheet so they may even require pensions to buy bonds, which will be a disaster long term.

This plan has been in the making for 17 years but was accelerated when the Biden regime froze the assets of the Russian Central Bank. Essentially, the U.S.. weaponized the dollar and it scared the hell out of the rest of the world.

The reason Janet Yellen was recently in China is to bully them not to continue down this road. They gave her the finger. Not to be outdone, Victoria Nuland, who's responsible for U.S. involvement of the war in Ukraine, will be heading to South Africa just days before the BRICS nations meet there where she will threaten them as well. She'll get the same response Yellen got.

The Chinese rejected a similar scheme proposed by Putin after the Bush Housing Bubble burst in 2008. We went off the gold standard in the mid-1960's because it held back emerging economies like China's. China has spent the past decade trying to influence emerging nations in Africa. The idea you note will support the status quo and kill emerging economies that we all need to feed modern capitalism.

It will take a while, but the U.S. will lose its status as the world reserve currency thanks to this corrupt regime.

In a capitalist system, nothing is forever. But the World Reserve Currency needs to be stable. The US Economy and dollar are the most stable at this moment. Russa's is one of the least stable of the major currencies for a reason. The world economic order would go on a wild ride, hurting many people if we adopted this Russo-Centric plan.

Yes... the US keep printing TRILLIONS is the way to go... LMAO

The meme shows the results of our current leadership vs most of the major economies of the world. Most sane people would choose our results over the others. I know the current President isn't a media-w**re like the last one. And he doesn't get all the free "publicity," that goes with being indicted for trying to overthrow our government. But he is working every day doing the job the majority of Americans elected him to do. He works for us. Americans.

average worker salaries are not going up

average upper executive salaries are

what does that tell you about salary growth offsetting inlation?