“The BRICS countries are going to redefine the reserve currency”
“The Chinese Renminbi is going to be the new reserve currency”
You’ve heard it and it is all bullshit promoted by anti-American conmen. Brics are countries like South Africa, Egypt, and Ethiopia, with absolutely nothing to contribute. As for the others, like China – you want to be holding an unstable currency? Of course not, nor does anyone else.
Which is why the dollar remains KING, currently at 58% of the worlds reserve currency holding, and the euro coming next at 1/3 of the USA, roughly 20%. After that it’s all small ball at 6% or less. China is 2% – who wants to hold the renminbi when the chinaman may very well devalue it at anytime?
And all this was taking place with the US under marxist control for many years, devastating our economy.
And now, it is just going to go back up. It peaked at around 70% back about year 2000. I expect to see it even higher in a couple years as the American economy begins taking off*.
Reserve Currency World Rankings
FED – International Role of the US Dollar
*we’re in the rollout down the runway stage right now. Very soon liftoff will occur.












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