
'Dollar suffered stunning collapse in market share' media warns, as Global South de-dollarizes
Geopolitical Economy Report
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The Bricks' Potential Attempt to Create a New Global Reserve Currency
Brazil, Russia, India, and China are working on creating a new global reserve currency to challenge the hegemony of the US dollar. The idea is to create an international unit of account for international trade. Gold is only one of several commodities that is being considered by members of the brick system.
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